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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
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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
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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
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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
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
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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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Recto completes his team with newly appointed Chief Economist and Undersecretaries for fiscal policy formulation and revenue operations

Finance Secretary Ralph G. Recto has completed his team at the Department of Finance (DOF) with President Ferdinand R. Marcos, Jr.’s newly appointed Chief Economist and two Undersecretaries tasked to…

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April 24, 2024
Read more about the article Recto completes his team with newly appointed Chief Economist and Undersecretaries for fiscal policy formulation and revenue operations
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Inter-Agency Task Force on Sustainable Finance doubles efforts to mobilize financing to catalyze green investments and drive sustainable growth

The Inter-Agency Task Force on Sustainable Finance (ITSF) has doubled its efforts to mobilize various sources of public and private financing with the issuance of the Sustainable Finance Taxonomy Guidelines…

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April 23, 2024
Read more about the article Inter-Agency Task Force on Sustainable Finance doubles efforts to mobilize financing to catalyze green investments and drive sustainable growth
Featured / News

Recto positions PH at the forefront of crisis and disaster response as first country to sign a Rapid Response Option agreement with World Bank

Finance Secretary Ralph G. Recto has positioned the Philippines at the forefront of crisis and disaster response by being the first country to sign the Rapid Response Option (RRO) agreement with the World Bank Group (WBG).

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April 22, 2024
Read more about the article Recto positions PH at the forefront of crisis and disaster response as first country to sign a Rapid Response Option agreement with World Bank
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