Recto lauds new AO enhancing import monitoring with digital pre-border verification and cross-border electronic invoicing, vows to protect PH borders from dangerous imports as committee chair

Finance Secretary Ralph G. Recto has lauded the issuance of Administrative Order (AO) No. 23 which will significantly enhance the monitoring of imported commodities entering the Philippines through electronic means,…

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PH prioritizes digitalization and developments in infra, human capital, and MSMEs in its partnership strategy with ADB

The Philippines has put forward its priorities for partnership with the Asian Development Bank (ADB) during its recently concluded Annual Meeting, which focuses on digitalization, infrastructure development, human capital enhancement,…

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DOF takes on a series of high-level discussions during the WB-IMF Spring Meetings to amplify the PH’s call for innovative climate finance solutions

The Department of Finance (DOF) has taken part in a series of high-level discussions on the sidelines of the World Bank-International Monetary Fund (WB-IMF) Spring Meetings in Washington, D.C. to…

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Recto: PH remains a frontrunner in ASEAN growing the fastest by 5.7% in Q1 2024 with industry as the brightest spot driven by strong domestic manufacturing

Finance Secretary Ralph G. Recto has underscored that the Philippine economy is once again a frontrunner in the ASEAN region posting the highest growth of 5.7% in the first quarter…

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Recto: Strong labor market improvements a sign of thriving and more inclusive economy, gov’t initiatives to enhance the ease of doing biz in PH will bring in more high-quality jobs for Filipinos

Finance Secretary Ralph G. Recto has referred to the strong labor market improvements in the latest Labor Force Survey (LFS) as a sign of a thriving and more inclusive economy…

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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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