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PRESS RELEASE Finance Secretary Ralph G. Recto has credited the easing of the 2024 average inflation rate to 3.2%—well within target—to effective government interventions that sustained the moderation of rice prices, providing much-needed relief to low-income families. The

PRESS RELEASE Finance Secretary Ralph G. Recto has expressed optimism that the inflation rate will remain within the government’s target band in 2024 after its decline in June, with the persistent implementation of whole-of-government interventions to ensure that the purchasing

PRESS RELEASE Finance Secretary Ralph G. Recto assured the public that the government is carefully balancing food and non-food inflation mitigation measures by conducting regular reviews and adjustments of policies to ensure that Filipinos’ purchasing power is well protected. “We

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

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