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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

PRESS RELEASE Finance Secretary Ralph G. Recto has told economic journalists that the government will exhaust its power to ensure that the next generations of Filipinos will not inherit the same challenges of today, and has called on them to continue fair and insightful reporting

PRESS RELEASE Finance Secretary Ralph G. Recto has expressed optimism that the inflation rate will remain within the government’s target band in 2024 after its decline in June, with the persistent implementation of whole-of-government interventions to ensure that the purchasing

PRESS RELEASE Finance Secretary Ralph G. Recto convened the inaugural committee meeting to operationalize the Pre-border Technical Verification and Cross-border Electronic Invoicing Systems under Administrative Order (AO) No. 23, series of 2024 on June 11, 2024 at the Department

PRESS RELEASE Finance Secretary Ralph G. Recto has welcomed the support of Her Majesty Queen Máxima of the Netherlands, the United Nations Secretary-General’s Special Advocate for Inclusive Finance for Development (UNSGSA) for the Department of Finance (DOF) to accelerate the

PRESS RELEASE Finance Secretary Ralph G. Recto has lauded the issuance of Administrative Order (AO) No. 23 which will significantly enhance the monitoring of imported commodities entering the Philippines through electronic means, and has vowed to protect the country’s borders

IN PHOTOS: Finance Secretary Ralph G. Recto convened officials from the Bureau of Internal Revenue Philippines (BIR) and the Bureau of Customs PH (BOC) to assess the agencies’ revenue collection performance and strategize on areas where the Department of Finance (DOF) can

PRESS RELEASE Finance Secretary Ralph G. Recto has successfully collected PHP 88.6 billion from 47 Government-Owned- or Controlled Corporations (GOCCs) as of May 6, 2024––eleven times higher than 2023 and a major source of non-tax revenues for the national government to fund

PRESS RELEASE Finance Secretary Ralph G. Recto has hit the ground running towards an inclusive future that benefits all Filipinos by introducing growth-enhancing strategies in the government’s economic roadmap during his first 100 days in office. “The President has entrusted me

Press Release Finance Secretary Ralph G. Recto received a smooth-sailing confirmation from the Commission on Appointments (CA) on March 13, 2024 and has committed to pursuing growth-enhancing fiscal consolidation through plugging tax leaks, improving tax administration,