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PRESS RELEASE Finance Secretary Ralph G. Recto is upbeat on the Philippines’ bright economic outlook supported by a more open and liberalized investment policy landscape, which is part of the government’s growth-enhancing strategies aimed at lifting 14 million Filipinos out of

PRESS RELEASE Finance Secretary Ralph G. Recto has lauded the issuance of Administrative Order (AO) No. 23 which will significantly enhance the monitoring of imported commodities entering the Philippines through electronic means, and has vowed to protect the country’s borders

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

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

PRESS RELEASE Finance Secretary Ralph G. Recto has commended the Prime Infrastructure Capital Inc. for investing in two big-ticket storage power projects in Luzon that will provide a reliable power supply for Filipinos and advance the Philippines’ climate ambition of

PRESS RELEASE Finance Secretary Ralph G. Recto has welcomed the recent signing of the Public-Private Partnership (PPP) Code implementing rules and regulations (IRR) and underscored that it will open the floodgates for a non-stop influx of strategic and high-quality investments

PRESS RELEASE Finance Secretary Ralph G. Recto has invited Australian investors to be part of the Philippines’ ‘blockbuster’ growth story, emphasizing that the country has rolled out the red carpet and reserved the best seat for them during the Philippine Business Forum in

Press Release Office of Deputy Speaker and Batangas Rep. Ralph G. Recto 30 August 2022 PS-DBM’s twin, PITC, with P14 B in undelivered orders, must be reformed, too The PS-DBM’s “controversial twin”, the Philippine International Trading Corp., should also be “disenfranchised as a

BBM should end ‘pasa-buy’ procurement, dismantle ‘parking lots’ Press Release 10 August 2022 If it wants faster delivery of critical projects and equipment, the Marcos administration must end the “pasa-buy” scheme in government purchases which has created