RalphRecto.Ph

JUL

16

2024

Recto: DOF to stretch every peso collected to prioritize education along with social protection, food security, and infra to produce globally competitive Bagong Pilipino

PRESS RELEASE Finance Secretary Ralph G. Recto underscored that the Department of Finance (DOF) is maximizing every peso collected in its revenue efforts to prioritize funding for education along with social protection, food security, and infrastructure, among others, to produce

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TAG Department of Finance (DOF), General Appropriations Act (GAA), Philippine Association of State Universities and Colleges (PASUC), Ralph Recto, World Bank (WB)

JUL

15

2024

Mobilizing Unused GOCC Funds for Public Programs

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

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TAG Bayanihan, Community-based Monitoring System for the Philippine Statistics Authority, Comprehensive Automotive Resurgence Strategy (CARS), COVID-19, Department of Budget and Management (DBM), Department of Finance (DOF), Department of Trade and Industry (DTI), General Appropriations Act (GAA), Government Owned and Controlled Corporations (GOCC), Metro Manila Subway Project, Mindanao Inclusive Agriculture Development Project, North-South Commuter Railway System, Office of the Government Corporate Counsel (OGCC), PhilHealth, Philippine Deposit Insurance Corporation (PDIC), Philippine Fisheries and Coastal Resiliency Project, Philippine Multi-Sectoral Nutrition Project, Philippine Rural Development Project, PNR South Long Haul Project, Ralph Recto, Support to Parcelization of Lands for Individual Titling (SPLIT), Supporting Innovation in the Philippine Technical and Vocational Education and Training System

JUL

11

2024

Recto commends PHILGUARANTEE for double-digit growths in credit guarantee support and beneficiaries, underscores its instrumental role in providing marginalized groups with access to finance

PRESS RELEASE Finance Secretary and Philippine Guarantee Corporation (PHILGUARANTEE) Chairperson Ralph G. Recto has commended the state firm for achieving double-digit growths in credit guarantee support and number of beneficiaries, underscoring its instrumental role in providing

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TAG Agrocultural Guarantee Fund Pool (AGFP), Department of Finance (DOF), Home Guaranty Corporation (HGC), Industrial Guarantee Loan Fund (IGLF), Philippine Export-Import Credit Agency (PhilEXIM), Philippine Guarantee Corporation (PHILGUARANTEE), Ralph Recto, Small Business Corporation (SB Corp.)

JUL

10

2024

Recto visits PH’s biggest water source project located in Rizal, another PPP milestone that will ensure sustainable water supply for Filipinos

PRESS RELEASE Finance Secretary Ralph G. Recto has joined President Ferdinand R. Marcos, Jr. in a site visit at the Public-Private Partnership (PPP)-led Upper Wawa Dam project—the biggest water source project in the country in over 50 years that will ensure sustainable access to

JUL

08

2024

Keynote Speech of Finance Secretary Ralph G. Recto during the EJAP-SMC Economic Forum 2024

EJAP President Neil Jerome Morales; fellow workers in government; and friends from the media: good morning. It’s very nice to see all of you again. In the past six months that I have been Secretary of Finance, we have already made countless policy decisions. And I have seen

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TAG Bagong Pilipinas, Bangko Sentral ng Pilipinas (BSP), Bureau of Customs (BOC), Bureau of Internal Revenue (BIR), Department of Finance (DOF), Economic Journalists Association of the Philippines (EJAP), Government Owned and Controlled Corporations (GOCC), Gross Domestic Product (GDP), Public-Private Partnership Code (PPP Code), Ralph Recto, Rice Competitiveness Enhancement Fund (RCEF), Secretary Frederick Go

JUL

08

2024

Recto: Gov’t to do everything within its power to ensure that the next generation of Filipinos does not inherit today’s challenges

PRESS RELEASE Finance Secretary Ralph G. Recto has told economic journalists that the government will exhaust its power to ensure that the next generations of Filipinos will not inherit the same challenges of today, and has called on them to continue fair and insightful reporting

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TAG Bagong Pilipinas, Bangko Sentral ng Pilipinas (BSP), BSP Governor Eli Remolona, Bureau of Customs (BOC), Bureau of Internal Revenue (BIR), DBM Undersecretary Joselito Basilio, Deparment of Budget and Management (DBM), Department of Finance (DOF), Economic Journalists Association of the Philippines (EJAP), Gross Domestic Product (GDP), National Economic Development Authority (NEDA), NEDA Secretary Arsenio Balisacan, Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA), Ralph Recto, Rice Competitiveness Enhancement Fund (RCEF), San Miguel Corporation (SMC), Secretary Frederick Go

JUL

05

2024

Recto: Inflation drops in June, expected to fall within the target band for the year with whole-of-govt interventions to protect Filipinos’ purchasing power

PRESS RELEASE Finance Secretary Ralph G. Recto has expressed optimism that the inflation rate will remain within the government’s target band in 2024 after its decline in June, with the persistent implementation of whole-of-government interventions to ensure that the purchasing

JUN

22

2024

Finance chief meets with SMBC, SMBC Nikko

IN PHOTOS: Finance Secretary Ralph G. Recto met with senior officials of SMBC and SMBC Nikko on June 21, 2024 at their Tokyo headquarters to explore opportunities for investments and collaboration in the country’s fundraising activities. SMBC is a leading Japanese bank, and

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TAG Bureau of Treasury (BTr), Department of Finance (DOF), DOF Undersecretary Domini Velasquez, DOF Undersecretary Maria Luwalhati Dorotan-Tiuseco, National Treasurer Sharon Almanza, Philippine Economic Briefing (PEB) in Japan, President Ferdinand Marcos Jr, Ralph Recto, Samurai bonds, SMBC, SMBC Nikko, US dollar bonds

JUN

21

2024

Partnership with Nomura

IN PHOTOS: Finance Secretary Ralph G. Recto met with senior officials of Nomura on June 20, 2024 in Tokyo to explore opportunities for collaboration in the country’s fundraising activities and public-private partnerships (PPPs). Secretary Recto encouraged Nomura／野村證券 to

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TAG Build Better More, Department of Finance (DOF), DOF Undersecretary Catherine Fong, DOF Undersecretary Charlito Martin Mendoza, DOF Undersecretary Domini Velasquez, DOF Undersecretary Maria Luwalhati Dorotan-Tiuseco, DOF Undersecretary Rolando Tungpalan, National Treasurer Sharon Almanza, Nomura, Philippine Economic Briefing (PEB) in Japan, Public-Private Partnership Code (PPP Code), Ralph Recto

JUN

21

2024

PH delegation led by Recto woos Japanese manufacturing giants in expanding operations in the country, pitches it as Asia’s premier hub for production and innovation

Press Release Finance Secretary Ralph G. Recto led the Philippine delegation to Japan in wooing Japanese manufacturing giants on June 21, 2024 to expand their operations in the country, pitching it as Asia’s most strategic hub for cutting-edge production and innovation. The

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TAG Bangko Sentral ng Pilipinas (BSP), Bases Conversion and Development Authority (BCDA), BCDA CEO Joshua Bingcang, BSP Deputy Governor Francisco Dakila Jr, DBM Secretary Amenah Pangandaman, Deparment of Budget and Management (DBM), Department of Energy (DOE), Department of Finance (DOF), Department of Trade and Industry (DTI), Department of Transportation (DOTr), DOE Undersecretary Felix Fuentebella, DOTr Secretary Jaime Bautista, DTI Secretary Alfredo Pascual, Ltd., Marubeni Corporation, MinebeaMitsumi Inc., Mitsubishi Corporation, Murata Manufacturing Co., National Economic Development Authority (NEDA), NEDA Secretary Arsenio Balisacan, Nomura, Philippine Ambassador to Japan Mylene Garcia-Albano, Philippine Economic Briefing (PEB) in Japan, Ralph Recto, Sojitz Corporation, Sumitomo Corporation, Taiheiyo Cement Corporation, Taiheiyo Cement Philippines Inc., Yokohama Rubber Co.

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