Recto: Use of PhilHealth’s sleeping funds will do no harm to its members nor on its plans to expand benefit packages this year

Finance Secretary Ralph G. Recto assured the public that the use of the Philippine Health Insurance Corporation (PhilHealth)’s sleeping funds for the government’s priority programs and projects will do no…

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Recto: R&I’s upgrade of PH credit rating to A- reflects robust investor confidence in the country’s high economic growth, strong fiscal position, and promising outlook

Finance Secretary Ralph G. Recto has celebrated Japan’s Rating and Investment Information, Inc.’s (R&I) recent upgrade of the Philippines’ credit rating to A- with stable outlook, which reflects robust investor…

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Senate DBCC Hearing on the Revenue and Financing Program

Ralph G. Recto Secretary of Finance August 13, 2024 Thank you for this opportunity to brief the Senate about the national government’s fiscal position. A discussion of our fiscal prospects…

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Senate DBCC Hearing on the Revenue and Financing Program

Opening Statement
Kapihan sa Manila Bay

Ralph G. Recto Secretary of Finance August 7, 2024 Thank you, Marichu, for having me. To everyone present here today, magandang umaga po sa inyong lahat. I’m sure we are…

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Opening Statement
Kapihan sa Manila Bay

Recto gives recognition to Landbank’s outstanding cooperatives, MSMEs, financial institutions, corporations, and farmers as strong partners in national development

Finance Secretary Ralph G. Recto has given recognition to the Landbank of the Philippines (LANDBANK)’s outstanding cooperatives, micro, small and medium enterprises (MSMEs), financial institutions, corporations, and farmers as strong…

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Recto: PH continues to lead ASEAN with strong 6.3% Q2 GDP growth driven by robust construction and investments as Build Better More proceeds in full steam

Finance Secretary Ralph G. Recto has underscored that the Philippine economy is once again among the frontrunners in the ASEAN region, posting a strong year-on-year (yoy) growth of 6.3% in…

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