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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

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.

28 January 2024

News Release 26 January 2024 Alongside the enhancement of tax administration efficiency, Finance Secretary Ralph G. Recto is pushing for the passage of the refined priority tax measures of the Department of Finance (DOF) which are critical to meet President Ferdinand R. Marcos,

January 24, 2024 PRESS RELEASE Finance Secretary Ralph G. Recto has commanded the Bureau of Internal Revenue (BIR) and Bureau of Customs (BOC) to work together as a team in further strengthening tax and customs administration to hit the government’s total revenue collection

Finance Secretary Ralph G. Recto assured United States Treasury Department Deputy Assistant Secretary for Asia Robert Kaproth of the Philippines’ strong commitment to extend a welcoming red carpet to potential investors during a high-level meeting on January 22, 2024. Secretary