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PRESS RELEASE Finance Secretary Ralph G. Recto has underscored that whatever measures by the Department of Finance (DOF) to source financing for public programs and projects are always guided by the principle that they will never compromise the government’s ability to meet the...

PRESS RELEASE The Intergovernmental Fiscal Policy Board (IFPB) has approved the guidelines on official development assistance (ODA) loans for the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM), paving the way for the region’s access to foreign-assisted projects and...

PRESS RELEASE MANILA, Philippines – The Republic of the Philippines (the “Republic”) successfully returned to the international capital markets for the second time in 2024 with its USD 2.5 billion triple-tranche 5.5-year,  10.5-year, and 25-year SEC-registered...

PRESS RELEASE Finance Secretary Ralph G. Recto has underscored that the Philippines is set to establish a gold standard for climate finance and action globally with the recent enactment of the Loss and Damage Fund (LDF) Board Act that enables its hosting of the Board. “The LDF...

PRESS RELEASE Finance Secretary Ralph G. Recto has secured more support from Asian Development Bank (ADB) President Masatsugu Asakawa for the Philippines’ climate action efforts during a high-level meeting on August 28, 2024, at the ADB Headquarters in Ortigas. At the...

PRESS RELEASE Finance Secretary Ralph G. Recto has urged his fellow Finance Ministers to drive integrated solutions that bring climate action and poverty eradication all together, stressing the need to balance economic development and climate resilience during a high-level...

PRESS RELEASE Finance Secretary Ralph G. Recto has underscored to the members of the Senate that the Department of Finance (DOF)’s 2025 budget proposal prioritizes digitalization for efficient tax administration and public service, and assured that it adheres to the highest...

PRESS RELEASE Finance Secretary Ralph G. Recto has welcomed Moody’s recent affirmation of the Philippines’  Baa2 rating with Stable outlook, which reflects strong confidence in the country’s high medium-term growth potential due to the enactment of investment-friendly...

Explanation of Vote  House Bill 7584  – An Act Allowing Elementary And Secondary Learners With Unpaid Tuition And Other School Fees To Take The Periodic And Final Examinations On Good Cause And Justifiable Grounds By Deputy Speaker and Batangas Rep....

Explanation of Vote  House Bill 7576 – An Act Providing For Early Voting By Qualified Senior Citizens, Persons With Disabilities, Lawyers, And Human Resources For Health In National And Local Elections By Deputy Speaker and Batangas Rep. Ralph G. Recto 8 May 2023...

Explanation of Vote of Deputy Speaker and Batangas Rep. Ralph Recto On H.B. No. 4673, “An Act Postponing the December 2022 Barangay and Sangguniang Kabataan Elections” 20 September 2022 If the courting of votes is big business in this country, the counting of votes is one big...

*manifested on the floor to be inserted into the record Explanation of Vote of Deputy Speaker and Batangas Rep. Ralph Recto 19 September 2022 On H.B. No. 14, “An Act Requiring The Registration of Subscriber Identity Module Cards”  Mr. Speaker, my dear colleagues:  When...

Privilege Speech of Deputy Speaker and Batangas Rep. Ralph G. Recto 01 August 2022 Mr. Speaker, my dear colleagues. I join the nation in mourning the passing of a statesman who changed the course of our country and the lives of our people for the better. President Ramos was brave...

Rep. Ralph G. Recto (6th District of Batangas) Seconding the Nomination of Rep. Ferdinand Martin Romualdez as Speaker of the House of Representatives25 July 2022 It is my privilege to second the nomination. May I just submit for insertion into the records the copy of my...

VALEDICTORY SPEECH 01 June 2022 18th Congress Mr. President, my dear colleagues: Thirty years—and thirty pounds—ago I walked into the House of Representatives as its youngest member. Next month, I will be returning there as one of the oldest—in years, but certainly not in...

EXPLANATION OF VOTE SB 2506; Committee Report 597 INCREASING PENSION FOR SENIOR CITIZENS Senate President Pro Tempore Ralph G. Recto 30 May 2022 Mr. President, my dear colleagues:  Age may just be a number, but the numbers on old-age pension are in the billions. The Social...