Tag

// Department of Finance (DOF)
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
FEB
16
2024
FEB
13
2024

Recto underscores BOCs’ critical role in funding PBBM’s socioeconomic agenda, driving PH’s progress

PRESS RELEASE Finance Secretary Ralph G. Recto has underscored the critical role of the Bureau of Customs (BOC) in funding President Ferdinand R. Marcos, Jr.’s socioeconomic agenda and driving the overall progress of the country. “The BOC is more than the landing point of trade
FEB
13
2024

Recto urges Filipinos to invest in RTB 30 for a more secure future

PRESS RELEASE Finance Secretary Ralph G. Recto has urged Filipinos to invest in the Bureau of the Treasury (BTr)’s 30th tranche of Retail Treasury Bonds (RTB 30), which promotes cheap investment opportunities for small savers to secure their future.  “The RTB 30 is more than just
FEB
08
2024

Recto to taxpayers: Hard-earned money will be spent wisely; DOF won’t leave any room for inefficiency or corruption

PRESS RELEASE REF: dofcomms@dof.gov.ph As tax season begins, Finance Secretary Ralph G. Recto has assured the taxpaying public of the judicious and efficient use of their hard-earned money, vowing to eradicate inefficiency or corruption within the Bureau of Internal Revenue
JAN
31
2024

PH’s full-year 2023 GDP growth strongest among major Asian economies

31 January 2024 The Philippines finished strong in 2023 with a full-year gross domestic product (GDP) growth rate of 5.6 percent, outpacing major economies in Asia, such as China (5.2 percent), Vietnam (5.0 percent), and Malaysia (3.8 percent) based on the latest available data.