Finance Secretary Ralph G. Recto has lauded the Bases Conversion and Development Authority (BCDA) for remitting PHP 5.17 billion to the National Treasury and expanding more economic opportunities for Filipinos.…
Finance Secretary Ralph G. Recto has ordered the Bureau of Internal Revenue (BIR) to swiftly implement the value-added tax (VAT) exemption on the expanded list of medicines for cancer, diabetes,…
The Congressional bicameral conference committee has recently ratified the Department of Finance’s (DOF) proposed rationalization of the country’s mining fiscal regime, which will create a fair and equitable mining environment…
Finance Secretary and Public Financial Management (PFM) Committee Principal Ralph G. Recto has welcomed the results of the latest expenditure and financial management assessment, stressing the government’s cardinal duty to…
The Department of Finance (DOF) and the Bureau of Internal Revenue (BIR) recently led a comprehensive walkthrough of the national government’s tax administration systems to support the Bangsamoro Autonomous Region…
Ralph G. Recto Secretary of Finance June 10, 2025 1:00 PM Conrad Manila, Pasay City Budget Secretary Amenah F. Pangandaman; COA Chairman Gamaliel A. Cordoba; ADB Director General Leah C.…
Finance Secretary Ralph G. Recto has reinforced the Bureau of Customs’ (BOC) protocols on balikbayan boxes through a Joint Administrative Order (JAO) that aims to guarantee the safe and timely…
Finance Secretary and Land Bank of the Philippines (LANDBANK) Chair Ralph G. Recto has praised the state bank for declaring PHP 33.5 billion in dividends––its single highest dividend yield in…
Ralph G. Recto Secretary of Finance June 9, 2025 2:00 PM To my favorite LandBank President and CEO Lynette Ortiz; my favorite National Treasurer Sharon Almanza; my favorite Usecs Alu…
The Fiscal Incentives Review Board (FIRB), which is chaired by Finance Secretary Ralph G. Recto, has recently granted PHP 20.9 billion worth of tax subsidy applications of government institutions to…
