The Philippines, through Special Envoy of the President to the World Economic Forum (WEF) and Finance Secretary Ralph G. Recto, has garnered strong business interest in Artificial Intelligence (AI) investments…
The Department of Finance (DOF) is maximizing the National Government’s (NG) revenue streams by privatizing non-performing and idle public assets in order to generate more funds to aid national development…
The Committee on Pre-border Technical Verification and Cross-border Electronic Invoicing (CPTVCEI), led by the Department of Finance (DOF), has successfully issued the Joint Administrative Order (JAO) implementing AO No. 23,…
Special Envoy of the President and Head of the Philippine Delegation to the World Economic Forum (WEF), Finance Secretary Ralph G. Recto, urged global investors to choose the Philippines and…
Finance Secretary Ralph G. Recto was named as Special Envoy of President Ferdinand R. Marcos, Jr., and Head the Philippine delegation to the World Economic Forum (WEF) in Davos-Klosters, Switzerland,…
Finance Secretary Ralph G. Recto resolved concerns on the computation of the National Tax Allotment (NTA) shares for local government units (LGUs) in a productive dialogue with city mayors on…
The remittance of the Philippine Deposit Insurance Corporation (PDIC) to the Bureau of the Treasury (BTr) supports the government-wide efforts to boost the economy through its contribution to funding the…
The Department of Finance (DOF) has reaffirmed its commitment to transparency and strict compliance with the Supreme Court decision and relevant laws in determining the National Tax Allotment (NTA) shares…
Finance Secretary Ralph G. Recto has highlighted the continued strength of the Philippine labor market which posted an unemployment rate of 3.2% in November 2024, the second lowest since the…
Finance Secretary Ralph G. Recto has credited the easing of the 2024 average inflation rate to 3.2%—well within target—to effective government interventions that sustained the moderation of rice prices, providing…
