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PRESS RELEASE Finance Secretary Ralph G. Recto has positioned the Philippines at the forefront of crisis and disaster response by being the first country to sign the Rapid Response Option (RRO) agreement with the World Bank Group (WBG).  The RRO is part of the WBG’s Expanded

PRESS RELEASE Finance Secretary Ralph G. Recto has underscored that President Ferdinand R. Marcos, Jr.’s working visit to Washington, D.C. from April 10 to 14, 2024 for the inaugural Trilateral United States-Japan-Philippines Leaders’ Summit will ensure economic security for 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,

28 January 2024

An Act Providing For A Comprehensive Revision Of The Charter Of The Bangko Sentral Ng Pilipinas (BSP) By Amending Republic Act No. 7653, Otherwise Known As “The New Central Bank Act” Establishes a mechanism for the full payment of the national government’s unpaid subscription to

An Act Mandating The Secretary Of The Department Of Finance And The Governor Of The Bangko Sentral Ng Pilipinas To Appear Before Congress Semi-Annually To Report On The Status And Directions Of The Fiscal And Monetary Policies Of The State (“Fiscal And Monetary Report Act