Tag

// Department of Finance (DOF)
MAR
07
2024

Recto: Latest JCR affirmation of PH’s high credit rating a strong vote of confidence in PBBM’s sound economic policies, a big win for ordinary Filipinos

PRESS RELEASE Finance Secretary Ralph G. Recto has underscored that the Japan Credit Rating Agency’s (JCR) latest affirmation of the Philippines’ investment-grade credit rating of “A-” with a stable outlook is a strong vote of confidence in President Ferdinand R. Marcos, Jr.’s
MAR
06
2024

DOF kickstarts a series of stakeholder briefings for refined priority tax reform measures to push for their immediate passage

PRESS RELEASE The Department of Finance (DOF) kickstarted its series of stakeholder briefings for its refined priority tax measures on February 29, 2024 to work with various groups to push for the measures’ immediate passage. Among the DOF priority measures are the
MAR
05
2024

Recto: Feb inflation rate of 3.4% within gov’t target band, PH prepared to face threat of El Niño

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,
FEB
26
2024

Recto begins series of worksite visits on ODA projects to ensure efficient implementation, starts with Metro Manila Subway

PRESS RELEASE Finance Secretary Ralph G. Recto began his series of worksite visits on official development assistance (ODA)-funded infrastructure projects to ensure their efficient implementation, starting with the Metro Manila Subway on February 26, 2024. “Today marks the first
FEB
26
2024

Philippines – Sweden partnership

IN PHOTOS: Finance Secretary Ralph G. Recto engaged in a bilateral meeting with Swedish Ambassador to the Philippines Annika Thunborg to strengthen the Philippines and Sweden’s partnership and discuss potential areas for strategic investments.Sweden expressed strong interest in
FEB
22
2024

Recto urges PSE to work with gov’t in transforming PH capital market as vehicle for ordinary Filipinos to be shareholders in nation’s growth

PRESS RELEASE Finance Secretary Ralph G. Recto has urged the Philippine Stock Exchange (PSE) to work with the government in transforming the country’s capital market as a vehicle for ordinary Filipinos to become shareholders in the nation’s growth. “Wider public access to
FEB
21
2024

Opening Remarks for the G-24 Technical Group Meeting (TGM)

Ralph G. Recto Secretary of Finance February 21, 2024 PICC Manila Officials and representatives from G-24 member countries, distinguished guests from our international financial partner institutions, and colleagues from the G-24 Secretariat: Good morning. On behalf of the
FEB
21
2024

Recto to G-24: Reclaim lost momentum, make powerful comeback in race to 2030 thru heightened cooperation and support from int’l partners

Press Release Finance Secretary and Chair of the Intergovernmental Group of Twenty-Four (G-24) Board of Governors Ralph G. Recto has urged member states to reclaim their lost momentum and make a powerful comeback in the race to 2030 through heightened cooperation and scaled-up
FEB
19
2024

FIRB increases IPA projects approval threshold to roll out ‘red carpet’ to investors

Press Release In line with President Ferdinand R. Marcos, Jr.’s directive for the government to roll out a ‘red carpet’ for investors, the Fiscal Incentives Review Board (FIRB) has unanimously approved a resolution increasing the investment capital threshold for projects handled