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IN PHOTOS: Finance Secretary Ralph G. Recto recently engaged with executives from the IFC – International Finance Corporation (IFC) to discuss ongoing partnerships and explore new areas for collaboration. The IFC is an international financial institution providing

PRESS RELEASE Finance Secretary Ralph G. Recto convened the inaugural committee meeting to operationalize the Pre-border Technical Verification and Cross-border Electronic Invoicing Systems under Administrative Order (AO) No. 23, series of 2024 on June 11, 2024 at the Department

PRESS RELEASEFinance Secretary Ralph G. Recto has welcomed the enactment of the Real Property Valuation and Assessment Reform Act, which was signed into law as Republic Act No. (RA) 12001 by President Ferdinand R. Marcos, Jr. on June 13, 2024, to establish a just, equitable, and

PRESS RELEASE Finance Secretary Ralph G. Recto has welcomed the digitalization initiatives under the Philippine Public Financial Management (PFM) Reforms Roadmap 2024-2028 for a more efficient and effective government service delivery for Filipinos. “I thank the ADB for helping

PRESS RELEASE Finance Secretary and Social Security Commission (SSC) Chairperson Ralph G. Recto has lauded the Social Security System (SSS) for the launching of its new pension scheme called MySSS Pension Booster on June 10, 2024, which will pave the path towards

PRESS RELEASE Finance Secretary Ralph G. Recto has underscored that the new maritime vessels acquired by the Philippine government from Japan will steer the country towards the safe harbors of economic security and prosperity for all Filipinos. “They will not only help strengthen

PRESS RELEASE Finance Secretary Ralph G. Recto has welcomed Fitch Ratings’ recent affirmation of the Philippines’ BBB credit rating with stable outlook, which signals strong growth momentum in the medium term and a big win for ordinary Filipinos as it translates to more

PRESS RELEASE Finance Secretary Ralph G. Recto has underscored that the signing of a Government-to-Government (G2G) agreement between France and the Philippines on financial and development cooperation will deliver pioneering projects that help reduce poverty and pave the way to

PRESS RELEASE Finance Secretary Ralph G. Recto conducted another site visit to the government’s ongoing infrastructure projects on June 7, 2024, this time at the first phase of the Light Rail Transit (LRT) Line 1 (South) Cavite Extension Project that will help boost economic

PRESS RELEASE Finance Secretary Ralph G. Recto has underscored that the Luzon Economic Corridor, a major infrastructure undertaking by the government, will draw in more investments that will support the Philippines’ vibrant labor market by boosting job creation in the