Recto inks 5 financing agreements for local climate adaptation projects, PSF Board approves 2 new grant-funded projects––fully committing the PHP 1B-PSF budget

Finance Secretary and People’s Survival Board (PSF) Chair Ralph G. Recto has signed five financing agreements for local climate adaptation projects, while two new provinces have received project approvals, fully…

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Recto: Approval of expanded electric vehicle incentive program will enhance ease of doing business, advance PH’s climate ambitions, and generate more green jobs for Filipinos

Finance Secretary Ralph G. Recto has underscored that the recent National Economic and Development Authority (NEDA) Board decision to expand the electric vehicle incentive program under Executive Order (EO) No.…

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Recto lauds new AO enhancing import monitoring with digital pre-border verification and cross-border electronic invoicing, vows to protect PH borders from dangerous imports as committee chair

Finance Secretary Ralph G. Recto has lauded the issuance of Administrative Order (AO) No. 23 which will significantly enhance the monitoring of imported commodities entering the Philippines through electronic means,…

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PH prioritizes digitalization and developments in infra, human capital, and MSMEs in its partnership strategy with ADB

The Philippines has put forward its priorities for partnership with the Asian Development Bank (ADB) during its recently concluded Annual Meeting, which focuses on digitalization, infrastructure development, human capital enhancement,…

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DOF takes on a series of high-level discussions during the WB-IMF Spring Meetings to amplify the PH’s call for innovative climate finance solutions

The Department of Finance (DOF) has taken part in a series of high-level discussions on the sidelines of the World Bank-International Monetary Fund (WB-IMF) Spring Meetings in Washington, D.C. to…

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Recto: PH remains a frontrunner in ASEAN growing the fastest by 5.7% in Q1 2024 with industry as the brightest spot driven by strong domestic manufacturing

Finance Secretary Ralph G. Recto has underscored that the Philippine economy is once again a frontrunner in the ASEAN region posting the highest growth of 5.7% in the first quarter…

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Recto: Strong labor market improvements a sign of thriving and more inclusive economy, gov’t initiatives to enhance the ease of doing biz in PH will bring in more high-quality jobs for Filipinos

Finance Secretary Ralph G. Recto has referred to the strong labor market improvements in the latest Labor Force Survey (LFS) as a sign of a thriving and more inclusive economy…

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