Media

PRESS RELEASE Finance Secretary Ralph G. Recto expressed optimism over the 1.45 million new jobs created for Filipinos in August 2024, anticipating even more employment opportunities as inflation drops to a four-year low and the holiday season approaches. “I am very glad of the...

PRESS RELEASE Recto thanks House appro panel for endorsing DOF’s P33.75-B budget for 2025 that prioritizes digitalization for efficient tax admin and public service Finance Secretary Ralph G. Recto has thanked the House of Representatives’ Committee on Appropriations panel for...

PRESS RELEASE Finance Secretary and Asian Development Bank (ADB) Governor for the Philippines Ralph G. Recto welcomed the launching of the ADB’s new country partnership strategy for the Philippines, which reflects its longstanding friendship and deep understanding of t...

PRESS RELEASE Finance Secretary Ralph G. Recto has welcomed the passage of Senate Resolution No. 139, concurring with the ratification of the Philippines’ participation in the Convention on Mutual Administrative Assistance in Tax Matters (MAAC), which will help stop tax evasion...

IN PHOTOS: Finance Secretary Ralph G. Recto met with Philippine General Hospital (PGH) Director Gerardo “Gap” Legaspi to discuss ways on how the Department of Finance (DOF) can further support the services of the PGH and provide wider access to affordable health and medical care...

PRESS RELEASE Finance Secretary Ralph G. Recto has commended the Philippine Tax Academy (PTA) for expanding its training programs last year and urged the agency to further scale these efforts to strengthen public personnel’s tax administration capabilities in order to boost...

PRESS RELEASE Finance Secretary Ralph G. Recto has secured financing from the International Fund for Agricultural Development (IFAD) for a project that will help 86 agrarian reform communities in South Cotabato, Cotabato, Sultan Kudarat, Sarangani and General Santos...

PRESS RELEASE Finance Secretary Ralph G. Recto has emphasized that the slower inflation rate in August 2024 demonstrates the effectiveness of the government’s targeted interventions to stabilize food prices, and assured the public that it will sustain the downward momentum...

EJAP President Neil Jerome Morales; fellow workers in government; and friends from the media: good morning. It’s very nice to see all of you again.  In the past six months that I have been Secretary of Finance, we have already made countless policy decisions. And I have seen...

by Ralph G. RectoSecretary of Finance To the hardworking men and women of the Department of Finance: magandang umaga sa inyong lahat. I am very pleased to see all of you here today as we kick off the 127th-anniversary celebration of the Department of Finance.  127 — imagine...

by Secretary of Finance Ralph G. RectoMarch 21, 2024 EJAP President Neil Jerome Morales; friends in the media: good evening and welcome to the DOF.  Although our venue tonight is a workplace, I hope that shoptalk will be kept at a minimum. In that spirit, I have even purged...

By Finance Secretary Ralph G. Recto Senate President Juan Miguel Zubiri; Vice Chairman Ramon Guico, Jr., Honorable Members of the Commission from the bigger and brighter House, and from the smaller and smarter house. Magandang umaga po sa inyong lahat. In taking this hot seat, I...

Ralph G. Recto Secretary of Finance February 21, 2024 PICC Manila Officials and representatives from G-24 member countries, distinguished guests from our international financial partner institutions, and colleagues from the G-24 Secretariat: Good morning. On behalf of the...

By Deputy Speaker and Batangas Rep. Ralph G. Recto 15 May 2023 Ginoong Speaker, mga katrabaho sa bulwagang ito: Mother’s Day po kahapon.  And mothers who have passed to the Great Beyond are deeply missed, lovingly remembered, Mother’s Day or not. Their memories are...

Explanation of Vote By Deputy Speaker and Batangas Rep. Ralph G. Recto 15 May 2023 Mr. Speaker, my dear colleagues:  To the casual observer, our defense material acquisition treads on two tracks. The first is to rely on hand-me-downs, sometimes mothballed pieces, which...

Explanation of Vote  House Bill 7751 – An Act Establishing Specialty Centers In Hospitals Under The Direct Supervision And Control Of The Department Of Health, And Appropriating Funds Therefor By Deputy Speaker and Batangas Rep. Ralph G. Recto 8 May 2023 Mr....