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PRESS RELEASE Recto thanks House appro panel for endorsing DOF’s P33.75-B budget for 2025 that prioritizes digitalization for efficient tax admin and public service Finance Secretary Ralph G. Recto has thanked the House of Representatives’ Committee on Appropriations panel for

PRESS RELEASE Finance Secretary Ralph G. Recto has underscored that whatever measures by the Department of Finance (DOF) to source financing for public programs and projects are always guided by the principle that they will never compromise the government’s ability to meet the

PRESS RELEASE Finance Secretary Ralph G. Recto has underscored to the members of the Senate that the Department of Finance (DOF)’s 2025 budget proposal prioritizes digitalization for efficient tax administration and public service, and assured that it adheres to the highest

PRESS RELEASE Finance Secretary Ralph G. Recto assured the public that the use of the Philippine Health Insurance Corporation (PhilHealth)’s sleeping funds for the government’s priority programs and projects will do no harm to its members nor on its plans to expand its benefit

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

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

EXPLANATION OF VOTE HB 10373: Extending the Availability of 2021 GAA to December 31, 2022 Senate President Pro Tempore Ralph G. Recto 13 December 2021 Mr. President:  The essence of this bill is to extend the clock on the current national budget. Appropriations bear expiry

The Department of Health (DOH) is planning to buy 758,700 sets of personal protective equipment (PPE) next year at an average cost of P1,079 each, Senate President Pro Tempore Ralph Recto said. The P819 million needed for the purchase has been included in the 2022 national

Senate President Pro Tempore Ralph Recto welcomed the administration’s request for standby authority to buy as much as P45.4 billion worth of vaccine booster shots, should the same be needed next year. Recto said the amount is part of the P151.6 billion in unprogrammed funds in

Republic of the PhilippinesCongress of the PhilippinesMetro ManilaEighteenth CongressSecond Regular Session Begun and held in Metro Manila, on Monday, the twenty-seventh day of July, two thousand twenty. [REPUBLIC ACT NO. 11525] AN ACT ESTABLISHING THE CORONAVIRUS DISEASE 2019