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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 With the government working to provide for the urgent needs of 115 million Filipinos, it is imperative that it mobilizes unused and idle funds so that these can be tapped to finance priority government health, education, and infrastructure programs. This was

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

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

Concerns that PhilHealth is taking a financial hit due to the coronavirus has no basis, Senate President Pro Tempore Ralph Recto said, after data on its COVID-19-related reimbursements was revealed during the Senate debate on the Department of Health’s 2021 budget. Of the state

Senator Ralph Recto discusses the liability of PhilHealth board, blacklisting of Chinese companies involved in constructions in the West Philippine Sea, debt trap with China and the danger of putting up China telecom cell towers inside our military camps and bases. While he

If he wants to succeed, Gierran cannot be a one-man army. The work ahead is too tough and too big for a lone ranger. He needs to have strong backup, but they should not be the boys from Taft alone. Better to recruit alumni of NBI’s neighbor, the Philippine General Hospital. He

After asking questions from the Board of PhilHealth, the following points were deduced by Senator Ralph Recto: PhilHealth’s financial status is okay, with roughly P200 billion in cash and investments. “May panlaban pala tayo sa pandemya,” Recto said. PhilHealth’s Board or the so

Senator Ralph Recto discusses the problems hounding the PhilHealth. “It is unfortunate that PhilHealth is imploding in the midst of the pandemic,” he said. Given the limited budget, Recto said the government should beef up our health frontline by hiring more health workers,

Resources ng gobyerno dapat ibuhos sa gyera laban sa COVID-19 upang maayos na mabuksan ang ating ekonomiya Problema sa PhilHealth hindi sana lumala kung nagabayan ng Board o “Big Brothers” na binubuo ng Secretaries of DOH, DOF, DBM, DOLE, DSWD ang mga polisiyang pinatupad sa