PRESS RELEASEPresident Ferdinand R. Marcos, Jr. has appointed a new roster of high-caliber senior officials in the Department of Finance (DOF) who would support Finance Secretary Ralph G. Recto in ensuring long-term fiscal sustainability and accelerating inclusive economic

PRESS RELEASE Finance Secretary Ralph G. Recto has underscored that the quality of jobs in the Philippines has continued to improve as more Filipinos are engaged in formal and stable work—representing the largest portion of the employed workforce in the country, according to the

PRESS RELEASE Finance Secretary Ralph G. Recto has underscored that the Japan Credit Rating Agency’s (JCR) latest affirmation of the Philippines’ investment-grade credit rating of “A-” with a stable outlook is a strong vote of confidence in President Ferdinand R. Marcos, Jr.’s

PRESS RELEASE The Department of Finance (DOF) kickstarted its series of stakeholder briefings for its refined priority tax measures on February 29, 2024 to work with various groups to push for the measures’ immediate passage. Among the DOF priority measures are the

Press Release Finance Secretary Ralph G. Recto has underscored that the latest inflation rate of 3.4% for February falls within the government’s target band of 2% to 4%, further noting that the government is proactively preparing to mitigate the effects of El Niño on inflation,

PRESS RELEASE Finance Secretary Ralph G. Recto has invited Australian investors to be part of the Philippines’ ‘blockbuster’ growth story, emphasizing that the country has rolled out the red carpet and reserved the best seat for them during the Philippine Business Forum in

PRESS RELEASE Finance Secretary Ralph G. Recto began his series of worksite visits on official development assistance (ODA)-funded infrastructure projects to ensure their efficient implementation, starting with the Metro Manila Subway on February 26, 2024. “Today marks the first

IN PHOTOS: Finance Secretary Ralph G. Recto engaged in a bilateral meeting with Swedish Ambassador to the Philippines Annika Thunborg to strengthen the Philippines and Sweden’s partnership and discuss potential areas for strategic investments.Sweden expressed strong interest in

PRESS RELEASE Finance Secretary Ralph G. Recto has urged the Philippine Stock Exchange (PSE) to work with the government in transforming the country’s capital market as a vehicle for ordinary Filipinos to become shareholders in the nation’s growth. “Wider public access to

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