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Statement of the Department of Finance  Billions in unused and idle funds of government corporations are being marshalled for projects in health, social services, and infrastructure that serve the public, finance growth, and cut poverty. Unlocking these excess fund balances is a

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

Explanation of vote of Senate President Pro Tempore Ralph G. Recto31 January 2022 Exactly two years ago today, the swab test on the country’s COVID-19 Patient 2, a Chinese national, returned positive. A day later, on February 1, 2020, he expired. Patient 2 was confirmed as the

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

The purchase of billions of pesos of PPEs, face shields and masks from China – when better quality locally-produced ones were available at a far lower price – underscores the need to restore the “Buy Filipino” provision in the national budget, Senate President Pro Tempore Ralph

Scientists should not be muzzled during the pandemic as their views guide government in decision making, Senate President Pro Tempore Ralph Recto said. “We can’t contain the pandemic if we censor studies,” Recto said, referring to calls to stop the independent OCTA Research from

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

Senate President Pro Tempore Ralph Recto welcomed the administration’s request for standby authority to buy as much as P45.4 billion worth of vaccine booster shots, should the same be needed next year. Recto said the amount is part of the P151.6 billion in unprogrammed funds in

Big cities like Manila have the “boots on the ground and the muscle memory” to conduct large scale distribution of aid, whether in cash or in kind, “complex operations which understaffed national agencies may find hard to do on their own,” Senate President Pro Tempore Ralph Recto

First, government should listen to scientists, the ones who matter. Join them in making the prescription. Just be mindful that if lockdown is the cure, then like any medicine, an overdose can be lethal. It is all about the right dosage and duration. It should go with ayuda, which