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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...

SPONSORSHIP SPEECH CR 32 on SB 1241 Timbangan ng Bayan Senate President Pro Tempore Ralph G. Recto 01 December 2021 A wisecrack once compared candidates to canned goods – many are weighed but have been found wanting. Appraising the former is a function of election. The latter,...

SPONSORSHIP SPEECH Committee Report No. 311 on SB No. 2407 Tax on Proprietary Educational Institutions Senate President Pro Tempore Ralph G. Recto 21 September 2021 If you recall, CREATE was marketed as the law that will save distressed companies from sinking in a sea of red...

SPONSORSHIP SPEECHSenate Resolutions Commending and Congratulating Hidilyn DiazSenate President Pro Tempore Ralph G. Recto27 July 2021 Years ago, a small girl in Zamboanga carried boxes of fish to market to help feed her family. That woman last night with one mighty lift ended...

“Brilliant N.E.R.D with K-Pop Looks” Confirmation of the Appointment of Karl Kendrick T. Chua as Secretary of Socioeconomic Planning and Director General of the National Economic and Development Authority Senate President Pro Tempore Ralph G. Recto02 June 2021 Mr. President, my...

EXPLANATION OF VOTESenate Resolution No. 676Urging the President to Declare a State of National Calamity Due to the Impact of ASFSenate President Pro Tempore Ralph G. Recto15 March 2021 Mr. President, my dear colleagues: Sabi nga po ng isa kong kaibigan, we Filipinos don’t say it...

TOYM’s Pandemic Class of 2020: The Magnificent 7 SPONSORSHIP SPEECH Senate Resolution Nos. 621, 624, and 670 Honoring and Commending  The Outstanding Young Men (TOYM) 2020 Awardees  Senate President Pro Tempore Ralph G. Recto 09 March 2021 Mr. President, my dear...

SPONSORSHIP SPEECHSenate Resolution No. 668: Pilot Testing of Localized Limited Face-to-Face ClassesSenate President Pro Tempore Ralph G. Recto01 March 2021 Mr. President, my dear colleagues: This resolution is in effect an assignment that we’re giving to DepEd, a science...

‘Recall the PMVIC Orders’ SPONSORSHIP SPEECH Committee Report No. 184 Committee on Public Services on P. S. Res. Nos. 634, 638 and 641 on the Operation of PMVICs Senate President Pro Tempore Ralph G. Recto 24 February 2021 I join the good Senator Poe in sponsoring this Committee...