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PRESS RELEASE Finance Secretary Ralph G. Recto expressed confidence that the Ninoy Aquino International Airport (NAIA) is on its way to becoming one of the world’s best airports where all passengers will receive full VIP treatment following the signing of the NAIA public-private

PRESS RELEASEPresident Ferdinand R. Marcos, Jr. has appointed a new roster of high-caliber senior officials in the Department of Finance (DOF) who would support Finance Secretary Ralph G. Recto in ensuring long-term fiscal sustainability and accelerating inclusive economic

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

PRESS RELEASE Finance Secretary Ralph G. Recto began his series of worksite visits on official development assistance (ODA)-funded infrastructure projects to ensure their efficient implementation, starting with the Metro Manila Subway on February 26, 2024. “Today marks the first

Press Release In line with President Ferdinand R. Marcos, Jr.’s directive for the government to roll out a ‘red carpet’ for investors, the Fiscal Incentives Review Board (FIRB) has unanimously approved a resolution increasing the investment capital threshold for projects handled

PRESS RELEASE Finance Secretary Ralph G. Recto has welcomed the Manila International Airport Authority (MIAA) Board’s recent approval to award a contract to a winning private sector consortium bidder for the rehabilitation of the Ninoy Aquino International Airport (NAIA)––the

PRESS RELEASE Finance Secretary Ralph G. Recto has underscored the critical role of the Bureau of Customs (BOC) in funding President Ferdinand R. Marcos, Jr.’s socioeconomic agenda and driving the overall progress of the country. “The BOC is more than the landing point of trade

News Release 26 January 2024 Alongside the enhancement of tax administration efficiency, Finance Secretary Ralph G. Recto is pushing for the passage of the refined priority tax measures of the Department of Finance (DOF) which are critical to meet President Ferdinand R. Marcos,

Press Statement of Deputy Speaker and Batangas Rep. Ralph G. Recto August 10, 2023 Every policy has a reverse gear. By pausing Manila Bay reclamation activities, the President, as of the moment, merely placed it on neutral. This will give him time to sift through the mountain of