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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 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 the digitalization initiatives under the Philippine Public Financial Management (PFM) Reforms Roadmap 2024-2028 for a more efficient and effective government service delivery for Filipinos. “I thank the ADB for helping

Press Release Office of Deputy Speaker and Batangas Rep. Ralph G. Recto 23 August 2022 DSWD, a big ATM – Ayuda, Tulong Machine – has smallest regular staff of 2,993 The Department of Social Welfare and Development’s flawed aid distribution to indigent students was a “teachable

Press Statement of Deputy Speaker and Batangas Rep. Ralph G. Recto When it comes to public spending, the problem is not in budget authorization, or when Congress approves the budget, but in budget execution, when agencies spend the budget given to them. The budget is supposed to

Malacañang should convene a task force, to include diplomats and Taipans, that will solve the shortage of Tocilizumab and other anti-pneumonia drugs made scarce by the surge in the number of hospitalized COVID-19 patients. Senate President Pro Tempore Ralph Recto said it is ti

Four in 10 personnel positions – or 5,826 – in the Commission on Audit (COA) are vacant, a manpower lack that will be aggravated when 1,000 personnel who are in the 61-65 age group retire. “That’s the equivalent of 10 Army battalions,” said Senate President Pro Tempore Ralph

President Duterte’s promises of new equipment for “his beloved uniformed services” are being betrayed by the Philippine International Trading Corporation’s (PITC) “failure to deliver them on time or deliver them at all.” The intent of another branch of government – Congress –

After asking questions from the Board of PhilHealth, the following points were deduced by Senator Ralph Recto: PhilHealth’s financial status is okay, with roughly P200 billion in cash and investments. “May panlaban pala tayo sa pandemya,” Recto said. PhilHealth’s Board or the so

After admitting that it has only 16 auditors deployed at PhilHealth, Sen. Ralph Recto expects the Commission on Audit “to hang up ‘help wanted’ signs” to recruit accountants who will beef up the “COA detachment” in the embattled state health insurer.  “Kahit one auditor