News

Recto optimistic on achieving single-digit poverty incidence in 2028 as PH posts highest-ever employment and historic low unemployment rates in June 2024

Finance Secretary Ralph G. Recto has expressed optimism on achieving the Marcos, Jr. administration’s ultimate goal of reducing the poverty rate to a single-digit or 9% by 2028, as the…

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August 7, 2024
Read more about the article Recto optimistic on achieving single-digit poverty incidence in 2028 as PH posts highest-ever employment and historic low unemployment rates in June 2024
Speeches

Signing Ceremony for Dumaguete Airport Development Project Loan Agreement and the Economic Development Promotion Facility Cooperation Agreement

Ralph G. Recto Secretary of Finance August 7, 2024 Transportation Secretary Jimmy Bautista; Export-Import Bank of Korea Chairman and President Mr. Yoon Hee Sung; Officials from the Embassy of the…

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Signing Ceremony for Dumaguete Airport Development Project Loan Agreement and the Economic Development Promotion Facility Cooperation Agreement
August 7, 2024
Read more about the article <center>Signing Ceremony for Dumaguete Airport Development Project Loan Agreement and the Economic Development Promotion Facility Cooperation Agreement</center>
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Recto secures financing agreements with South Korea on new Dumaguete Airport and facility that will deliver more infrastructure projects nationwide

Finance Secretary Ralph G. Recto has secured financing agreements with the Government of Korea, through the Export-Import Bank of Korea (KEXIM), on the new Dumaguete Airport Development Project and the…

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August 7, 2024
Read more about the article Recto secures financing agreements with South Korea on new Dumaguete Airport and facility that will deliver more infrastructure projects nationwide
News

Recto: Inflation in July likely a one-time uptick, to temper and fall within target for the rest of the year as gov’t interventions take full effect

Finance Secretary Ralph G. Recto has assured the public that the inflation rate in July is likely a one-time uptick due to high base effects and is expected to temper…

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August 6, 2024
Read more about the article Recto: Inflation in July likely a one-time uptick, to temper and fall within target for the rest of the year as gov’t interventions take full effect
News

Recto: We are on-track with our Medium-Term Fiscal Program that reduces deficit and debt gradually, creates more jobs, increases incomes, and reduces poverty

Finance Secretary Ralph G. Recto has assured the House of Representatives that the government is on-track to achieving its targets under the refined Medium-Term Fiscal Program that gradually reduces deficit…

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August 5, 2024
Read more about the article Recto: We are on-track with our Medium-Term Fiscal Program that reduces deficit and debt gradually, creates more jobs, increases incomes, and reduces poverty
Speeches

Revenue and Financing Program

Ralph G. Recto Secretary of Finance August 5, 2024 Thank you for this opportunity to brief the House of Representatives about the national government’s fiscal position. A discussion of our…

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Revenue and Financing Program
August 5, 2024
Read more about the article <center>Revenue and Financing Program</center>
Speeches

Keynote Speech
BIR’s 120th anniversary

Ralph G. Recto Secretary of Finance August 1, 2024 BIR Commissioner Jun Lumagui, Jr.; men and women of the BIR; fellow government workers; mga kapamilya sa DOF: Magandang umaga po…

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Keynote Speech
BIR’s 120th anniversary
August 2, 2024
Read more about the article <center> Keynote Speech<br>BIR’s 120th anniversary</center>
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