Recto commands BIR and BOC to work as a team to hit P4.3T revenue target for 2024

Finance Secretary Ralph G. Recto has commanded the Bureau of Internal Revenue (BIR) and Bureau of Customs (BOC) to work together as a team in further strengthening tax and customs administration to hit the government’s total revenue collection target of PHP 4.3 trillion in 2024.

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Recto takes oath of office as Monetary Board Member

Finance Secretary Ralph G. Recto took his oath of office as government sector representative to the Monetary Board (MB), the highest policy-making body of the Bangko Sentral ng Pilipinas (BSP), on January 22, 2024.

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Recto urges Congress to partner with DOF in passing crucial reforms to reduce PH deficit and debt

Finance Secretary Ralph G. Recto today urged the Congress to partner with the Department of Finance (DOF) in swiftly passing crucial reforms needed to reduce the Philippines’ deficit and debt levels during the 2024 Philippine Economic Outlook Briefing and Luncheon at the Admiral Hotel, Manila.

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Ex-Finance Chief Diokno officially turns over DOF to Recto

Former Finance Secretary and now Bangko Sentral ng Pilipinas (BSP) Monetary Board Member (MBM) Benjamin E. Diokno officially turned over the Department of Finance (DOF) leadership to newly appointed Finance Secretary Ralph G. Recto in a ceremony on January 15, 2024 at the DOF Office in Manila.

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Swift enactment of P5.8-T 2024 national budget demonstrates PBBM admin and legislature’s strong collaboration and firm resolve to accelerate economic growth

Finance Secretary Benjamin E. Diokno said that the swift enactment of the PHP 5.768 trillion GAA for 2024 is a testament to the strong collaboration and firm resolve of the Marcos, Jr. administration and members of both Houses of Congress to accelerate economic growth in the country.

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