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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 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 The Department of Finance (DOF) kickstarted its series of stakeholder briefings for its refined priority tax measures on February 29, 2024 to work with various groups to push for the measures’ immediate passage. Among the DOF priority measures are the

Press Release 26 February 2023  Sidewalks and bike lanes have been “sidelined and waylaid” in the government’s infrastructure menu but these “active mobility” facilities should be mainstreamed, House Deputy Speaker Ralph Recto said today. And Recto has found a source that can

Since the time we approved this bill on second reading last week, there have been 1786 vehicular accidents – in Metro Manila alone. Of this, 282 were injuries, and about five were fatalities. We extrapolated this from last year’s data. It is safe to assume that the ones for this

National government should have “equity” in the road clearing operations it had mandated local governments to undertake, Senate President Pro Tempore Ralph Recto said today. “Its participation should go beyond issuing orders and deadlines, but must also include contributing to

An Act Exempting Clean Energy Vehicles From the Motor Vehicles User’s Charge Amending for the Purpose Section 2 of Republic Act No. 8794, Otherwise Known as the “Motor Vehicle User’s Charge Act of 2000” The bill exempts clean energy vehicles from the MVUC