RalphRecto.Ph

MAY

06

2024

Recto collects higher PHP 88.6-B GOCC dividends as of May 2024, a major source of non-tax revenues to fund PBBM’s priority programs without imposing new taxes

PRESS RELEASE Finance Secretary Ralph G. Recto has successfully collected PHP 88.6 billion from 47 Government-Owned- or Controlled Corporations (GOCCs) as of May 6, 2024––eleven times higher than 2023 and a major source of non-tax revenues for the national government to fund

MAY

01

2024

Recto pays tribute to predecessors, highlights their crucial roles in keeping the economy strong and stable throughout periods of crisis

PRESS RELEASE Finance Secretary Ralph G. Recto has paid tribute to his predecessors during a dinner reception for past Department of Finance (DOF) secretaries and officials, highlighting their crucial roles in keeping the Philippine economy strong and stable throughout periods of

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TAG BIR Commissioner Romeo Lumagui, BLGF Exec. Dir. Consolacion Agcaoili, BOC Commissioner Bienvenido Rubio, DBM Secretary Amenah Pangandaman, Department of Finance (DOF), House of Representatives, Insurance Commissioner Reynaldo Regalado, Landbank President and CEO Lynette Ortiz, Monetary Board Member Rosalia De Leon, National Treasurer Sharon Almanza, NEDA Secretary Arsenio Balisacan, PDIC PCEO Roberto Tan, PHILGUARANTEE PCEO Alberto Pascual, President Ferdinand Marcos Jr, Privatization Management Office Chief Maan Doctor, Ralph Recto, SEC Chairperson Emilio Aquino, Speaker Martin Romualdez

APR

29

2024

Recto hits the ground running towards an inclusive future that benefits all Filipinos, introduces growth-enhancing roadmap in his first 100 days in office

PRESS RELEASE Finance Secretary Ralph G. Recto has hit the ground running towards an inclusive future that benefits all Filipinos by introducing growth-enhancing strategies in the government’s economic roadmap during his first 100 days in office. “The President has entrusted me

APR

24

2024

4th Inter-Agency Committee on Inflation and Market Outlook (IAC-IMO) meeting

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

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TAG Bangko Sentral ng Pilipinas (BSP), Department of Agriculture (DA), Department of Budget and Management (DBM), Department of Energy (DOE), Department of Finance (DOF), Department of Justice (DOJ), Department of Trade and Industry (DTI), Economic Development Group (EDG), El Niño, Inter-Agency Committee on Inflation and Market Outlook (IAC-IMO), La Niña, National Economic Development Authority (NEDA), Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA), Philippine Statistics Authority (PSA), President Ferdinand Marcos Jr, Ralph Recto, Secretary Arsenio Balisacan, Sugar Regulatory Administration (SRA)

APR

20

2024

Recto receives World Bank President’s full support on digitalizing PH tax system, expects a team from the Bank to work with DOF in building digital infra needed

PRESS RELEASE Finance Secretary Ralph G. Recto has received full support from World Bank Group (WBG) President Ajay Banga on his key priority to fully digitalize the country’s tax system, with the Bank set to assemble a dedicated team to conduct workshop and assist the Department

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TAG Department of Finance (DOF), Official Development Assistance (ODA), President Ferdinand Marcos Jr, Public-Private Partnership (PPP), Ralph Recto, World Bank (WB)

APR

19

2024

Recto successfully pitches PH as an attractive investment hub, gathers strong interest from American investors during PH Dialogue

PRESS RELEASE Finance Secretary Ralph G. Recto has successfully pitched the Philippines as an attractive investment hub, gathering strong interest from American investors during the Philippine Dialogue held on April 17, 2024 at The Ritz-Carlton in Washington, D.C. “While global

APR

16

2024

Recto: PBBM’s historic working visit to Washington for the Trilateral Leaders’ Summit ensures economic security for Filipinos

PRESS RELEASE Finance Secretary Ralph G. Recto has underscored that President Ferdinand R. Marcos, Jr.’s working visit to Washington, D.C. from April 10 to 14, 2024 for the inaugural Trilateral United States-Japan-Philippines Leaders’ Summit will ensure economic security for the

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TAG Ambassador Jose Manuel Romualdez, Bangko Sentral ng Pilipinas (BSP), Department of Budget and Management (DBM), Department of Finance (DOF), Japan, Japan Chamber of Commerce and Industry (JCCI), Japan Prime Minister Fumio Kishida, Luzon Economic Corridor, Maharlika Investment Fund (MIF), National Economic Development Authority (NEDA), PH-US Business Forum, President Ferdinand Marcos Jr, Ralph Recto, Ultra Safe Nuclear Corporation (USNC), United States of America, US President Joseph Biden

APR

02

2024

Recto commends Prime Infra for two big-ticket power projects in Luzon that will provide reliable electricity supply for Filipinos and advance PH climate ambition

PRESS RELEASE Finance Secretary Ralph G. Recto has commended the Prime Infrastructure Capital Inc. for investing in two big-ticket storage power projects in Luzon that will provide a reliable power supply for Filipinos and advance the Philippines’ climate ambition of

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TAG Board of Investments (BOI), Department of Finance (DOF), Department of Trade and Industry (DTI), Green Lanes for Strategic Investments, Pakil Pumped Storage Power Project, President Ferdinand Marcos Jr, Prime Infrastructure Capital Inc., Ralph Recto, Wawa Pumped Storage Power Project

MAR

26

2024

Recto secures financing agreements for 2 big-ticket infra projects with JICA to drive inclusive growth for Filipinos

PRESS RELEASE Finance Secretary Ralph G. Recto has secured financing agreements with the Japan International Cooperation Agency (JICA) for two big-ticket infrastructure projects under President Ferdinand R. Marcos, Jr.’s Build Better More program that will help drive inclusive

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TAG Build Better More, Dalton Pass East Alignment Road Project (DPEARP), Department of Finance (DOF), Department of Transportation (DOTr), DPWH, Embassy of Japan, Japan International Cooperation Agency (JICA), Metro Manila Subway Project, President Ferdinand Marcos Jr, Ralph Recto

MAR

21

2024

Recto to press members: Partner with us in communicating the complete picture of PH’s promising economic story

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

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TAG Comprehensive Tax Reform Program (CTRP), Corporate Recovery and Tax Incentives for Enterprises (CREATE), Department of Finance (DOF), Digital Service Providers (DSP), el nino, Manila Overseas Press Club (MOPC), Medium-Term Fiscal Framework (MTFF), Motor Vehicle User's Charge (MVUC), Ninoy Aquino International Airport (NAIA), President Ferdinand Marcos Jr, Public-Private Partnership (PPP), Ralph Recto, Rationalization of the Mining Fiscal Regime, Reduce Emerging Inflation Now (REIN), Value-added Tax (VAT)

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