RalphRecto.Ph

MAY

08

2024

Recto champions the immediate release of long overdue retirement pay of IBC employees

PRESS RELEASE Finance Secretary and ex-officio Governance Commission for GOCCs (GCG) member Ralph G. Recto has championed the immediate release of the long overdue retirement pay benefits of the Intercontinental Broadcasting Corporation (IBC) employees. “My heart goes out to the

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TAG Department of Finance (DOF), Governance Commission for GOCCs (GCG), IBC 13, Presidential Communications Office (PCO), Ralph Recto

MAY

07

2024

Recto: Gov’t all hands on deck in countering the impact of El Niño on food security, proactively prepares for La Niña

PRESS RELEASE Recto: Gov’t all hands on deck in countering the impact of El Niño on food security, proactively prepares for La Niña Finance Secretary Ralph G. Recto has assured the public that the government is all hands on deck in countering the impact of El Niño on food

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TAG Bangko Sentral ng Pilipinas (BSP), Department of Agriculture (DA), Department of Finance (DOF), el nino, Inter-Agency Committee on Inflation and Market Outlook (IAC-IMO), La Niña, National Irrigation Administration (NIA), Philippine Crop Insurance Corporation (PCIC), President Ferdinand Marcos Jr, Ralph Recto, Rice Competitiveness Enhancement Fund (RCEF)

MAY

06

2024

Recto collects higher PHP 88.6-B GOCC dividends as of May 2024, a major source of non-tax revenues to fund PBBM’s priority programs without imposing new taxes

PRESS RELEASE Finance Secretary Ralph G. Recto has successfully collected PHP 88.6 billion from 47 Government-Owned- or Controlled Corporations (GOCCs) as of May 6, 2024––eleven times higher than 2023 and a major source of non-tax revenues for the national government to fund

MAY

01

2024

Recto pays tribute to predecessors, highlights their crucial roles in keeping the economy strong and stable throughout periods of crisis

PRESS RELEASE Finance Secretary Ralph G. Recto has paid tribute to his predecessors during a dinner reception for past Department of Finance (DOF) secretaries and officials, highlighting their crucial roles in keeping the Philippine economy strong and stable throughout periods of

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TAG BIR Commissioner Romeo Lumagui, BLGF Exec. Dir. Consolacion Agcaoili, BOC Commissioner Bienvenido Rubio, DBM Secretary Amenah Pangandaman, Department of Finance (DOF), House of Representatives, Insurance Commissioner Reynaldo Regalado, Landbank President and CEO Lynette Ortiz, Monetary Board Member Rosalia De Leon, National Treasurer Sharon Almanza, NEDA Secretary Arsenio Balisacan, PDIC PCEO Roberto Tan, PHILGUARANTEE PCEO Alberto Pascual, President Ferdinand Marcos Jr, Privatization Management Office Chief Maan Doctor, Ralph Recto, SEC Chairperson Emilio Aquino, Speaker Martin Romualdez

APR

30

2024

Recto: Potential MIC inaugural investment portfolio with BCDA to unlock wealth of opportunities to enhance quality of life and generate jobs for Filipinos

PRESS RELEASE Finance Secretary Ralph G. Recto has lauded the signing of the Memorandum of Understanding (MOU) between the Maharlika Investment Corporation (MIC) and the Bases Conversion and Development Authority (BCDA) to explore potential investment portfolio, which he said

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TAG Bases Conversion and Development Authority (BCDA), Bureau of Treasury (BTr), Clark Development Corporation (CDC), Clark Freeport and Special Economic Zone, Department of Finance (DOF), Department of Transportation (DOTr), Government Owned and Controlled Corporations (GOCC), Landbank, Maharlika Investment Corporation (MIC), Maharlika Investment Fund (MIF), Public-Private Partnership (PPP), RA 7656 Dividends Law of 1994, Ralph Recto

APR

29

2024

Recto hits the ground running towards an inclusive future that benefits all Filipinos, introduces growth-enhancing roadmap in his first 100 days in office

PRESS RELEASE Finance Secretary Ralph G. Recto has hit the ground running towards an inclusive future that benefits all Filipinos by introducing growth-enhancing strategies in the government’s economic roadmap during his first 100 days in office. “The President has entrusted me

APR

24

2024

Recto completes his team with newly appointed Chief Economist and Undersecretaries for fiscal policy formulation and revenue operations

News Release Finance Secretary Ralph G. Recto has completed his team at the Department of Finance (DOF) with President Ferdinand R. Marcos, Jr.’s newly appointed Chief Economist and two Undersecretaries tasked to lead fiscal policy formulation and revenue operations. “I thank the

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TAG Department of Finance (DOF), Fiscal Policy and Monitoring Group (FPMG), Office of the Chief Economist (OCE), Ralph Recto, Revenue Operations Group (ROG)

APR

24

2024

4th Inter-Agency Committee on Inflation and Market Outlook (IAC-IMO) meeting

IN PHOTOS: Finance Secretary Ralph G. Recto co-chaired the 4th Inter-Agency Committee on Inflation and Market Outlook (IAC-IMO) meeting with National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan on April 24, 2024 to discuss updates on the government’s

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TAG Bangko Sentral ng Pilipinas (BSP), Department of Agriculture (DA), Department of Budget and Management (DBM), Department of Energy (DOE), Department of Finance (DOF), Department of Justice (DOJ), Department of Trade and Industry (DTI), Economic Development Group (EDG), El Niño, Inter-Agency Committee on Inflation and Market Outlook (IAC-IMO), La Niña, National Economic Development Authority (NEDA), Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA), Philippine Statistics Authority (PSA), President Ferdinand Marcos Jr, Ralph Recto, Secretary Arsenio Balisacan, Sugar Regulatory Administration (SRA)

APR

22

2024

Recto positions PH at the forefront of crisis and disaster response as first country to sign a Rapid Response Option agreement with World Bank

PRESS RELEASE Finance Secretary Ralph G. Recto has positioned the Philippines at the forefront of crisis and disaster response by being the first country to sign the Rapid Response Option (RRO) agreement with the World Bank Group (WBG). The RRO is part of the WBG’s Expanded

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TAG Bangko Sentral ng Pilipinas (BSP), BSP Deputy Governor Francisco Dakila Jr, Bureau of Treasury, Department of Budget and Management (DBM), Department of Finance (DOF), Department of Trade and Industry (DTI), DTI Undersecretary Ceferino Rodolfo, Monetary Board Member Rosalia De Leon, National Treasurer Sharon Almanza, Ralph Recto, Rapid Response Option (RRO) Agreement, Secretary a, Secretary Amenah Pangandaman, WB-IMF Spring Meetings, World Bank (WB), World Bank Group (WBG)

APR

21

2024

Recto secures commitments from ADB on digitalization, human capital and infra development, and disaster preparedness programs

PRESS RELEASE Finance Secretary Ralph G. Recto has secured commitments from Asian Development Bank (ADB) President Masatsugu Asakawa to support key priority development programs for the Philippines, focusing on boosting digitalization, improving human capital and infrastructure,

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TAG Asian Development Bank (ADB), Department of Budget and Management (DBM), Department of Finance (DOF), International Monetary Fund (IMF), National Economic Development Authority (NEDA), Public-Private Partnership Code (PPP Code), Ralph Recto, United Nations Framework Conference on Climate Change (UNFCCC), World Bank (WB)

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