RalphRecto.Ph

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)

MAR

18

2024

Recto: NAIA on its way to be one of the world’s best airports, passengers to receive VIP treatment with the signing of the PPP Concession Agreement

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

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TAG Department of Finance (DOF), Ninoy Aquino International Airport (NAIA), President Ferdinand Marcos Jr, Public-Private Partnership (PPP), Ralph Recto, San Miguel Corporation (SMC), SMC-SAC Consortium

MAR

12

2024

PBBM appoints new roster of high-caliber DOF senior officials

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

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TAG Cherry Mae P. Gonzales, Department of Finance (DOF), Donalyn U. Minimo, Gerald Alan A. Quebral, Joven Balbosa, President Ferdinand Marcos Jr, Ralph Recto, Rolando G. Tungpalan, Sharon P. Almanza

MAR

07

2024

Recto: Latest JCR affirmation of PH’s high credit rating a strong vote of confidence in PBBM’s sound economic policies, a big win for ordinary Filipinos

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

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TAG Association of Southeast Asian Nations (ASEAN), Department of Finance (DOF), Gross Domestic Product (GDP), Japan Credit Rating Agency, Maharlika Investment Fund (MIF), Medium-Term Fiscal Framework (MTFF), President Ferdinand Marcos Jr, Ralph Recto

MAR

04

2024

Recto to Australian investors: PH has rolled out the red carpet and reserved the best seat for you to join us in shaping our blockbuster growth story

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

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