News

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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May 7, 2024
Read more about the article DOF secures technical assistance commitment from OPEC Fund to address right-of-way issues to support the smooth implementation of big-ticket infra projects 
Featured / News

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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May 6, 2024
Read more about the article 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
Speeches

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
May 6, 2024
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News

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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May 3, 2024
Read more about the article DOF leads conclusion of PH-Cambodia double taxation agreement to protect Filipinos’ taxing rights and increase trade and investment across economic borders
News

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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May 2, 2024
Read more about the article 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
Featured / News

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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April 30, 2024
Read more about the article Recto pays tribute to predecessors, highlights their crucial roles in keeping the economy strong and stable throughout periods of crisis
Speeches

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
April 30, 2024
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Speeches

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)
April 29, 2024
Read more about the article <center>Closing Remarks <br> Signing of a Memorandum of Understanding between the Maharlika Investment Corporation (MIC) and the Bases Conversion and Development Authority (BCDA)</center>
Featured / News

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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April 29, 2024
Read more about the article Recto: Potential MIC inaugural investment portfolio with BCDA to unlock wealth of opportunities to enhance quality of life and generate jobs for Filipinos
News

Recto hits the ground running towards an inclusive future that benefits all Filipinos, introduces growth-enhancing roadmap in his first 100 days in office

Finance Secretary Ralph G. Recto has hit the ground running towards an inclusive future that benefits all Filipinos by introducing growth-enhancing strategies in the government’s economic roadmap during his first…

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April 29, 2024
Read more about the article Recto hits the ground running towards an inclusive future that benefits all Filipinos, introduces growth-enhancing roadmap in his first 100 days in office
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