The Philippines was recently chosen to join the Adaptation Fund Board, an international climate fund established as a financial mechanism under the United Nations Framework Convention on Climate Change that…
Finance Secretary Ralph G. Recto has welcomed Fitch Ratings’ recent affirmation of the Philippines’ ‘BBB’ credit rating with ‘Stable’ outlook, which reflects the country’s strong medium-term growth amidst rising external…
The Department of Finance (DOF) categorically refuted reports alleging the imposition of new taxes and stressed that there is no need for additional revenue measures at this time, given the…
The Philippines, through the Department of Finance (DOF), has called on international financial institutions (IFIs) to scale up their support for the emerging markets and developing economies (EMDEs) amid the…
The Department of Finance (DOF) has issued revenue regulations that streamlined the availment of tax incentives for education to spur private sector investments in human capital development. “By prioritizing education,…
The Department of Finance (DOF) is strengthening the role of the Inter-Agency Technical Working Group on Sustainable Finance (ITSF) in the development of sustainable finance policies as it unveils its…
The Department of Finance (DOF), through the Bureau of the Treasury (BTr), has collaborated on an asset management initiative with the Department of Science and Technology (DOST) to better safeguard…
Finance Secretary Ralph G. Recto underscored that the country’s robust labor market in February 2025 signals stronger domestic demand ahead, which bodes well for shielding the Philippine economy from global…
President Ferdinand R. Marcos, Jr., together with Finance Secretary Ralph G. Recto, led the condemnation of PHP 3.26 billion-worth of electronic vapes, vape parts, and accessories seized and forfeited by…
Finance Secretary Ralph G. Recto welcomed the sharp drop in headline inflation to 1.8% in March 2025—the lowest level recorded since the pandemic—while reaffirming the government’s commitment to remaining vigilant…
