Gov’t strategically manages large borrowings inherited from past admin, grows the economy faster and brings down debt to sustainable level

The national government (NG) continues to manage the large debt it has inherited from the previous administration by growing the economy faster, thus bringing borrowings down to a sustainable level…

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DOF signs joint memorandum to fast-track investment approvals, usher in more strategic and high-impact investments to PH

The Department of Finance (DOF) has signed a Joint Memorandum Circular (JMC) that streamlines investment procedures, strengthens inter-agency coordination, and accelerates the entry of strategic investments into the Philippines. The…

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Recto supports PBBM’s move to put on hold EDSA rehab

Finance Secretary Ralph G. Recto expressed full support for President Ferdinand R. Marcos, Jr.’s decision to put on hold the EDSA rehabilitation project, calling it a clear sign of responsive…

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Recto secures concessional funding from France to accelerate PH climate actions

Finance Secretary Ralph G. Recto has successfully secured concessional funding from France, through the Agence Française De Développement (AFD), to help advance the Philippines' climate actions. The agreement is consistent…

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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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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)