RalphRecto.Ph

AUG

27

2024

Recto: DOF’s 2025 budget proposal prioritizes digitalization for efficient tax administration and public service, adheres to the highest standards of fiscal discipline

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

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TAG Bureau of Customs (BOC), Bureau of Internal Revenue (BIR), Bureau of Local Government Finance (BLGF), Bureau of Treasury (BTr), Central Board of Assessment Appeals (CBAA), Commission on Audit (COA), Department of Finance (DOF), General Appropriations Act (GAA), Insurance Commission (IC), Medium Term Fiscal Program, National Tax Research Center (NTRC), People's Survival Fund (PSF), Privatization and Management Office (PMO), Ralph Recto, senate of the philippines

AUG

13

2024

Recto: PH on track to meet its fiscal program for 2024 on the back of robust mid-year revenue effort and manageable deficit level

PRESS RELEASE Finance Secretary Ralph G. Recto has underscored that the Philippines is on track to meet its fiscal program for 2024 on the back of the government’s robust revenue effort and manageable deficit level during the first half of the year. “So far, we are on track

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TAG Bureau of Customs (BOC), Bureau of Internal Revenue (BIR), Department of Finance (DOF), Government Owned and Controlled Corporations (GOCC), Gross Domestic Product (GDP), Ralph Recto, senate of the philippines

JUL

17

2024

Recto welcomes the implementation of an interagency data-sharing system for a more efficient and modernized tax administration

PRESS RELEASE Finance Secretary Ralph G. Recto has welcomed the implementation of an interagency data-sharing system that will facilitate a more efficient and modernized tax administration process, helping the government boost much-needed revenues to accelerate the nation’s

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TAG Annual Financial Statements, Articles of Incorporation, Bagong Pilipinas, BIR Commissioner Romeo Lumagui, Bureau of Internal Revenue (BIR), Certificate of Amendment of Domestic Stock and Non-stock Corporation, Department of Finance (DOF), DOF Usec. Renato Reside, Electronic Application for Modification of Entity Names and Data (eAMEND), Electronic Submission Authentication Portal (eSAP), General Information Sheet, President Ferdinand Marcos Jr, Ralph Recto, SEC Chairperson Emilio Aquino, SEC Foreign Investment Registration Station (SEC FIRST), SEC Zuper Easy Registration Online (SEC ZERO), Securities and Exchange Commission (SEC), Swift Corporate and Other Records Exchange (SCORE) Protocol

JUL

08

2024

Keynote Speech of Finance Secretary Ralph G. Recto during the EJAP-SMC Economic Forum 2024

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

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TAG Bagong Pilipinas, Bangko Sentral ng Pilipinas (BSP), Bureau of Customs (BOC), Bureau of Internal Revenue (BIR), Department of Finance (DOF), Economic Journalists Association of the Philippines (EJAP), Government Owned and Controlled Corporations (GOCC), Gross Domestic Product (GDP), Public-Private Partnership Code (PPP Code), Ralph Recto, Rice Competitiveness Enhancement Fund (RCEF), Secretary Frederick Go

JUL

08

2024

Recto: Gov’t to do everything within its power to ensure that the next generation of Filipinos does not inherit today’s challenges

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

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TAG Bagong Pilipinas, Bangko Sentral ng Pilipinas (BSP), BSP Governor Eli Remolona, Bureau of Customs (BOC), Bureau of Internal Revenue (BIR), DBM Undersecretary Joselito Basilio, Deparment of Budget and Management (DBM), Department of Finance (DOF), Economic Journalists Association of the Philippines (EJAP), Gross Domestic Product (GDP), National Economic Development Authority (NEDA), NEDA Secretary Arsenio Balisacan, Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA), Ralph Recto, Rice Competitiveness Enhancement Fund (RCEF), San Miguel Corporation (SMC), Secretary Frederick Go

JUN

13

2024

Recto welcomes new law bringing a just, equitable, and efficient real property valuation system in PH–empowering LGUs to be financially self-sufficient

PRESS RELEASEFinance Secretary Ralph G. Recto has welcomed the enactment of the Real Property Valuation and Assessment Reform Act, which was signed into law as Republic Act No. (RA) 12001 by President Ferdinand R. Marcos, Jr. on June 13, 2024, to establish a just, equitable, and

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TAG Bureau of Internal Revenue (BIR), Bureau of Local Government Finance (BLGF), Department of Finance (DOF), International Valuation Standards (IVS), Local Government Units (LGUs), President Ferdinand Marcos Jr, Ralph Recto, Real Property Information System (RPIS), Real Property Tax Administration Fund (RPTAF), Real Property Valuation and Assessment Reform Act. (RPVARA), Register of Deeds, Republic Act No. 12001, Senate President Francis "Chiz" Escudero, Speaker Martin Romualdez, Special Education Fund

MAY

27

2024

Recto welcomes UNSGSA Queen Máxima’s support for DOF to widen financial inclusion and ensure financial protection among Filipinos by digitizing gov’t payments and keeping financial services affordable

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

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TAG Bangko Sentral ng Pilipinas (BSP), Bureau of Customs (BOC), Bureau of Internal Revenue (BIR), Department of Finance (DOF), Department of Information and Communications Technology (DICT), Ease of Paying Taxes (EOPT) Act, Free Public WiFi Act, Gross Domestic Product (GDP), Insurance Commission (IC), Micro- Small and Medium Enterprises (MSMEs), President Ferdinand Marcos Jr, Queen Maxima of the Netherlands, Ralph Recto, United Nations Secretary-General's Special Advocate for Inclusive Finance for Development (UNSGSA), World Bank (WB)

MAY

20

2024

Revenue collection performance of BIR, BOC

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

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TAG BIR Commissioner Romeo Lumagui, BOC Commissioner Bienvenido Rubio, Bureau of Customs (BOC), Bureau of Internal Revenue (BIR), Department of Finance (DOF), Ralph Recto

MAY

06

2024

Recto collects higher PHP 88.6-B GOCC dividends as of May 2024, a major source of non-tax revenues to fund PBBM’s priority programs without imposing new taxes

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

APR

29

2024

Recto hits the ground running towards an inclusive future that benefits all Filipinos, introduces growth-enhancing roadmap in his first 100 days in office

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

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