2025 | Page 5 of 12 | Department of Finance

Ceremonial Exchange of the Credit Facility Agreement (CFA) for the Climate Change Action Program, Subprogram 2 (CCAP2) between the Government of the Republic of the Philippines (GPH) and the Agence Française De Développement (AFD)

Ralph G. Recto Secretary of Finance June 2, 2025 1:30 PM Her Excellency Marie Fontanel, French Ambassador to the Philippines; AFD Country Director Benedicte Gazon; partners in development; fellow workers…

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June 2, 2025

Read more about the article <center>Ceremonial Exchange of the Credit Facility Agreement (CFA) for the Climate Change Action Program, Subprogram 2 (CCAP2) between the Government of the Republic of the Philippines (GPH) and the Agence Française De Développement (AFD)</center>

News

Recto on top of ensuring gov’t financial institutions’ good fiscal footing

Finance Secretary Ralph G. Recto is on top of ensuring the sound fiscal health of government financial institutions (GFIs) as he regularly convenes the Asset Liability Management Committee (ALCO) to…

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June 2, 2025

Read more about the article Recto on top of ensuring gov’t financial institutions’ good fiscal footing

News

PH-World Bank partnership stronger than ever, fully aligned with PBBM’s goals for inclusive growth

Finance Secretary Ralph G. Recto lauded the newly approved World Bank Group (WBG) Country Partnership Framework (CPF) for the Philippines (2026–2031) as the most aligned yet with President Ferdinand R.…

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June 2, 2025

Read more about the article PH-World Bank partnership stronger than ever, fully aligned with PBBM’s goals for inclusive growth

News

Recto welcomes new law that will encourage ordinary Filipinos to invest in PH capital markets and promote inclusive growth

Finance Secretary Ralph G. Recto welcomes the enactment of Republic Act No. 12214 or the Capital Markets Efficiency Promotion Act (CMEPA), which will encourage ordinary Filipinos to invest in the…

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May 30, 2025

Read more about the article Recto welcomes new law that will encourage ordinary Filipinos to invest in PH capital markets and promote inclusive growth

Speeches

National Tax Research Center (NTRC) 65th Anniversary

Ralph G. Recto Secretary of Finance May 28, 2025 Heritage Ballroom, Heritage Hotel, Manila Undersecretary Renato Reside; Executive Director Mark Lester Aure; the dedicated men and women of the NTRC;…

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May 29, 2025

Read more about the article <center>National Tax Research Center (NTRC) 65th Anniversary</center>

News

Recto to NTRC: Let’s continue building a tax system that is simple, transparent, and compassionate

Finance Secretary Ralph G. Recto reminded the National Tax Research Center (NTRC) of its mission to build a tax system that is simple, transparent, and compassionate in order to ensure…

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May 29, 2025

Read more about the article Recto to NTRC: Let’s continue building a tax system that is simple, transparent, and compassionate

News

PBBM rejects Recto’s courtesy resignation, affirms trust in Finance Chief

Finance Secretary Ralph G. Recto remains at the helm of the Department of Finance (DOF) after President Ferdinand R. Marcos, Jr. rejected his courtesy resignation, affirming trust and confidence in…

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May 23, 2025

Read more about the article PBBM rejects Recto’s courtesy resignation, affirms trust in Finance Chief

News

Economic team engages civil society for a more transparent, inclusive DBCC process

For the first time ever, the Philippine economic team engaged members of civil society organizations (CSOs) in a productive dialogue on May 21, 2025 to refine the Development Budget Coordination…

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May 23, 2025

Read more about the article Economic team engages civil society for a more transparent, inclusive DBCC process

Featured / News

Recto receives PHP 2.5-B worth of cash dividends from CDC to fund the govt’s development programs

Finance Secretary and Governance Commission for GOCCs (GCG) member Ralph G. Recto received on behalf of the National Treasury PHP 2.49 billion worth of cash dividends from the Clark Development…

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May 22, 2025

Read more about the article Recto receives PHP 2.5-B worth of cash dividends from CDC to fund the govt’s development programs

News

Statement of Secretary Ralph G. Recto
On the President’s directive for Cabinet Secretaries to submit courtesy resignations

I fully support the President's directive for Cabinet members to submit their courtesy resignations. The President carries the heavy burden of leading the nation through complex global and domestic challenges.…

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May 22, 2025

Year: 2025