RalphRecto.Ph

AUG

2024

DOF teams up with relevant govt agencies to promote transparency in the ODA process and monitor its impact on beneficiaries

PRESS RELEASE The Department of Finance (DOF) has teamed up with relevant government agencies to discuss ways to promote transparency in the Official Development Assistance (ODA) process and monitor the impact of its projects on beneficiaries. ODAs are loans or grants that are

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TAG Deparment of Budget and Management (DBM), Department of Finance (DOF), Department of Foreign Affairs (DFA), DOF Undersecretary Joven Balbosa, National Economic Development Authority (NEDA), Office of American Affairs (OAA), Office of European Affiars (OEA), Office of Middle East and African Affairs (OMEAA), Office of the President-Office of the Deputy Executive Secretary for General Administration (OP-ODESGA), Office of Treaties and Legal Affairs (OTLA), Official Development Assistance (ODA), Ralph Recto, United Nations and International Organizations (UNIO), Upper Middle Income Country (UMIC)

AUG

2024

Recto gives recognition to Landbank’s outstanding cooperatives, MSMEs, financial institutions, corporations, and farmers as strong partners in national development

PRESS RELEASE Finance Secretary Ralph G. Recto has given recognition to the Landbank of the Philippines (LANDBANK)’s outstanding cooperatives, micro, small and medium enterprises (MSMEs), financial institutions, corporations, and farmers as strong partners in spreading economic

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TAG Bangko Sentral ng Pilipinas (BSP), BSP Governor Eli, Department of Finance (DOF), DOF Undersecretary Maria Luwalhati Dorotan-Tiuseco, Gawad Korporasyon na KAagapay sa Ating GAnap na tagumPAY (Gawad KAAGAPAY), Gawad Micro Small and Medium Enterprises (Gawad MSME), Gawad Partner Financial Institution (Gawad PFI), Gawad sa Pinakatanging Kooperatiba (Gawad PITAK), Government Owned and Controlled Corporations (GOCC), Landbank of the Philippines (LBP), LBP President Lynette Ortiz, Models of Excellence Recognition Initiative for Top Bank Clients (MERIT), Ralph Recto, Ulirang Magsasaka

AUG

2024

Recto: PH continues to lead ASEAN with strong 6.3% Q2 GDP growth driven by robust construction and investments as Build Better More proceeds in full steam

PRESS RELEASE August 8, 2024 Finance Secretary Ralph G. Recto has underscored that the Philippine economy is once again among the frontrunners in the ASEAN region, posting a strong year-on-year (yoy) growth of 6.3% in the second quarter of 2024 driven by robust construction and

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TAG Build Better More, CREATE MORE (Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy), Department of Finance (DOF), Development Budget Coordination Committee (DBCC), Gross Domestic Product (GDP), Philippine economy, President Ferdinand Marcos Jr, Public-Private Partnership Code (PPP Code), Ralph Recto, unemployment

JUL

2024

Recto welcomes the implementation of an interagency data-sharing system for a more efficient and modernized tax administration

PRESS RELEASE Finance Secretary Ralph G. Recto has welcomed the implementation of an interagency data-sharing system that will facilitate a more efficient and modernized tax administration process, helping the government boost much-needed revenues to accelerate the nation’s

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TAG Annual Financial Statements, Articles of Incorporation, Bagong Pilipinas, BIR Commissioner Romeo Lumagui, Bureau of Internal Revenue (BIR), Certificate of Amendment of Domestic Stock and Non-stock Corporation, Department of Finance (DOF), DOF Usec. Renato Reside, Electronic Application for Modification of Entity Names and Data (eAMEND), Electronic Submission Authentication Portal (eSAP), General Information Sheet, President Ferdinand Marcos Jr, Ralph Recto, SEC Chairperson Emilio Aquino, SEC Foreign Investment Registration Station (SEC FIRST), SEC Zuper Easy Registration Online (SEC ZERO), Securities and Exchange Commission (SEC), Swift Corporate and Other Records Exchange (SCORE) Protocol

JUL

2024

Recto: DOF to stretch every peso collected to prioritize education along with social protection, food security, and infra to produce globally competitive Bagong Pilipino

PRESS RELEASE Finance Secretary Ralph G. Recto underscored that the Department of Finance (DOF) is maximizing every peso collected in its revenue efforts to prioritize funding for education along with social protection, food security, and infrastructure, among others, to produce

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TAG Department of Finance (DOF), General Appropriations Act (GAA), Philippine Association of State Universities and Colleges (PASUC), Ralph Recto, World Bank (WB)

JUL

2024

Mobilizing Unused GOCC Funds for Public Programs

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

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TAG Bayanihan, Community-based Monitoring System for the Philippine Statistics Authority, Comprehensive Automotive Resurgence Strategy (CARS), COVID-19, Department of Budget and Management (DBM), Department of Finance (DOF), Department of Trade and Industry (DTI), General Appropriations Act (GAA), Government Owned and Controlled Corporations (GOCC), Metro Manila Subway Project, Mindanao Inclusive Agriculture Development Project, North-South Commuter Railway System, Office of the Government Corporate Counsel (OGCC), PhilHealth, Philippine Deposit Insurance Corporation (PDIC), Philippine Fisheries and Coastal Resiliency Project, Philippine Multi-Sectoral Nutrition Project, Philippine Rural Development Project, PNR South Long Haul Project, Ralph Recto, Support to Parcelization of Lands for Individual Titling (SPLIT), Supporting Innovation in the Philippine Technical and Vocational Education and Training System

JUL

2024

Recto commends PHILGUARANTEE for double-digit growths in credit guarantee support and beneficiaries, underscores its instrumental role in providing marginalized groups with access to finance

PRESS RELEASE Finance Secretary and Philippine Guarantee Corporation (PHILGUARANTEE) Chairperson Ralph G. Recto has commended the state firm for achieving double-digit growths in credit guarantee support and number of beneficiaries, underscoring its instrumental role in providing

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TAG Agrocultural Guarantee Fund Pool (AGFP), Department of Finance (DOF), Home Guaranty Corporation (HGC), Industrial Guarantee Loan Fund (IGLF), Philippine Export-Import Credit Agency (PhilEXIM), Philippine Guarantee Corporation (PHILGUARANTEE), Ralph Recto, Small Business Corporation (SB Corp.)

JUL

2024

Recto visits PH’s biggest water source project located in Rizal, another PPP milestone that will ensure sustainable water supply for Filipinos

PRESS RELEASE Finance Secretary Ralph G. Recto has joined President Ferdinand R. Marcos, Jr. in a site visit at the Public-Private Partnership (PPP)-led Upper Wawa Dam project—the biggest water source project in the country in over 50 years that will ensure sustainable access to

JUL

2024

Keynote Speech of Finance Secretary Ralph G. Recto during the EJAP-SMC Economic Forum 2024

EJAP President Neil Jerome Morales; fellow workers in government; and friends from the media: good morning. It’s very nice to see all of you again. In the past six months that I have been Secretary of Finance, we have already made countless policy decisions. And I have seen

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TAG Bagong Pilipinas, Bangko Sentral ng Pilipinas (BSP), Bureau of Customs (BOC), Bureau of Internal Revenue (BIR), Department of Finance (DOF), Economic Journalists Association of the Philippines (EJAP), Government Owned and Controlled Corporations (GOCC), Gross Domestic Product (GDP), Public-Private Partnership Code (PPP Code), Ralph Recto, Rice Competitiveness Enhancement Fund (RCEF), Secretary Frederick Go

JUL

2024

Recto: Gov’t to do everything within its power to ensure that the next generation of Filipinos does not inherit today’s challenges

PRESS RELEASE Finance Secretary Ralph G. Recto has told economic journalists that the government will exhaust its power to ensure that the next generations of Filipinos will not inherit the same challenges of today, and has called on them to continue fair and insightful reporting

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TAG Bagong Pilipinas, Bangko Sentral ng Pilipinas (BSP), BSP Governor Eli Remolona, Bureau of Customs (BOC), Bureau of Internal Revenue (BIR), DBM Undersecretary Joselito Basilio, Deparment of Budget and Management (DBM), Department of Finance (DOF), Economic Journalists Association of the Philippines (EJAP), Gross Domestic Product (GDP), National Economic Development Authority (NEDA), NEDA Secretary Arsenio Balisacan, Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA), Ralph Recto, Rice Competitiveness Enhancement Fund (RCEF), San Miguel Corporation (SMC), Secretary Frederick Go

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