DOF secures technical assistance commitment from OPEC Fund to address right-of-way issues to support the smooth implementation of big-ticket infra projects 

The Department of Finance (DOF) has secured a commitment from the OPEC Fund for International Development (OPEC Fund) for technical assistance to address right-of-way (ROW) acquisition issues to support the…

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Recto collects higher PHP 88.6-B GOCC dividends as of May 2024, a major source of non-tax revenues to fund PBBM’s priority programs without imposing new taxes

Finance Secretary Ralph G. Recto has successfully collected PHP 88.6 billion from 47 Government-Owned- or Controlled Corporations (GOCCs) as of May 6, 2024––eleven times higher than 2023 and a major…

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Welcome Remarks for the 2024 GOCC Day

Ralph G. Recto Secretary of Finance May 6, 2024 PICC, Pasay   President Ferdinand Marcos, Jr.; Executive Secretary Lucas Bersamin; heads and officers of our GOCCs; fellow workers in government;…

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Welcome Remarks for the 2024 GOCC Day

DOF leads conclusion of PH-Cambodia double taxation agreement to protect Filipinos’ taxing rights and increase trade and investment across economic borders

The Department of Finance (DOF) has led the conclusion of the draft double taxation agreement (DTA) between the Philippines and Cambodia on April 19, 2024 to protect Filipinos’ taxing rights…

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DOF eyes to execute around USD 1.5B-worth of projects with JICA for 2024-2025, to facilitate signing of 4 major loan agreements within the year

The Department of Finance (DOF) eyes to execute at least around USD 1.5 billion-worth of pipeline projects with the Japan International Cooperation Agency (JICA) for 2024-2025, and is working towards…

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Recto pays tribute to predecessors, highlights their crucial roles in keeping the economy strong and stable throughout periods of crisis

Finance Secretary Ralph G. Recto has paid tribute to his predecessors during a dinner reception for past Department of Finance (DOF) secretaries and officials, highlighting their crucial roles in keeping…

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Secretary’s Hour Toast Remarks

Ralph G. Recto Secretary of Finance April 30, 2024 My illustrious predecessors; past and former DOF officials; fellow workers in government; guests: Magandang gabi sa inyong lahat! Seeing all the…

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Secretary’s Hour Toast Remarks

Closing Remarks
Signing of a Memorandum of Understanding between the Maharlika Investment Corporation (MIC) and the Bases Conversion and Development Authority (BCDA)

Ralph G. Recto Secretary of Finance April 29, 2024 4:00 PM Seda, BGC Mr. Rafael Jose Consing Jr., President and CEO of the Maharlika Investment Corporation; Engineer Joshua Bingcang, President…

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Closing Remarks
Signing of a Memorandum of Understanding between the Maharlika Investment Corporation (MIC) and the Bases Conversion and Development Authority (BCDA)

Recto: Potential MIC inaugural investment portfolio with BCDA to unlock wealth of opportunities to enhance quality of life and generate jobs for Filipinos

Finance Secretary Ralph G. Recto has lauded the signing of the Memorandum of Understanding (MOU) between the Maharlika Investment Corporation (MIC) and the Bases Conversion and Development Authority (BCDA) to…

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