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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

𝐏𝐫𝐞𝐬𝐬 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭 𝐨𝐟 𝐃𝐞𝐩𝐮𝐭𝐲 𝐒𝐩𝐞𝐚𝐤𝐞𝐫 𝐚𝐧𝐝 𝐁𝐚𝐭𝐚𝐧𝐠𝐚𝐬 𝐑𝐞𝐩. 𝐑𝐚𝐥𝐩𝐡 𝐆. 𝐑𝐞𝐜𝐭𝐨𝐉𝐮𝐥𝐲 𝟐𝟒, 𝟐𝟎𝟐𝟑 The speech was partly a lecture on the Medium Term Development Plan. For those expecting SONA as theatre, what he delivered instead was a teach-in. He traded oratorical flair for as many facts as he

𝐏𝐫𝐞𝐬𝐬 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭 𝐨𝐟 𝐃𝐞𝐩𝐮𝐭𝐲 𝐒𝐩𝐞𝐚𝐤𝐞𝐫 𝐚𝐧𝐝 𝐁𝐚𝐭𝐚𝐧𝐠𝐚𝐬 𝐑𝐞𝐩. 𝐑𝐚𝐥𝐩𝐡 𝐆. 𝐑𝐞𝐜𝐭𝐨𝐉𝐮𝐥𝐲 𝟐𝟑, 𝟐𝟎𝟐𝟑 SONA is not just a throwback moment for the year gone by, but a battleplan on how we can fast-forward to what we hope to achieve. It is not a mere replay of the past, but a preview of the future,

Press Release 19 July 2023 Now that their pet Maharlika Investment Fund is a law, economic managers should prove their critics wrong, and deliver the earnings they confidently promised during the congressional debates on the measure, Deputy Speaker Ralph Recto said today. “The

Press Statement of Deputy Speaker and Batangas Rep. Ralph G. Recto May 13, 2023 The President has the power to hire and fire. A Cabinet member is just the highest paid casual employee in his department. As such, pwede ma-endo anytime. Walang forever. In this country, a Cabinet