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PRESS RELEASE Finance Secretary Ralph G. Recto defended the national government’s move to implement Congress’ mandate to redirect the Philippine Health Insurance Corporation’s (PhilHealth) excess and idle funds to critical health and social programs as not only within legal

PRESS RELEASE Finance Secretary Ralph G. Recto defended the national government’s move to implement Congress’ mandate to redirect the government-owned and controlled corporations’ (GOCC) excess and idle funds to critical health and social programs as a crucial policy to

PRESS RELEASE Finance Secretary Ralph G. Recto has welcomed Moody’s recent affirmation of the Philippines’  Baa2 rating with Stable outlook, which reflects strong confidence in the country’s high medium-term growth potential due to the enactment of investment-friendly

PRESS RELEASE Finance Secretary Ralph G. Recto has urged the members of the press to partner with the Department of Finance (DOF) in communicating to the public, in understandable terms, the complete picture of the Philippines’ promising economic story and the reasons behind the

PRESS RELEASE Finance Secretary Ralph G. Recto has underscored that the Japan Credit Rating Agency’s (JCR) latest affirmation of the Philippines’ investment-grade credit rating of “A-” with a stable outlook is a strong vote of confidence in President Ferdinand R. Marcos, Jr.’s

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