Wednesday, May 20, 2026
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Tag: Finance Secretary Ralph Recto

Insurance role

Finance Secretary Ralph Recto challenges the life insurance industry to become a key poverty-fighting force by increasing its market penetration and turning life insurance...

Revenue collectors

Finance Secretary Ralph Recto (center) urges Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. (right) and Bureau of Customs (BOC) Commissioner Bienvenido Rubio...

NEDA chief backs Recto recommendation to ban all POGOs

Economic managers recommended a total ban on POGOs, Finance Secretary Ralph Recto said Wednesday. Recto said the recommendation was contained in a letter sent to...

Gov’t revenues surged 14.6% to P2.13t in first six months

Finance Secretary Ralph Recto said Monday the national government collected P2.13 trillion in revenues as of end-June 2024, up 14.6 percent from the same...

Recto cites need to augment subsidy fund for rice farmers

Finance Secretary Ralph Recto said Monday the government is actively working with Congress to secure additional resources for the Rice Competitiveness Enhancement Fund (RCEF)...

PH aims to attract more Japan investors

The Bangko Sentral ng Pilipinas (BSP), together with the country’s economic managers, highlighted the Philippines’ growth potential and widening investment opportunities during the Philippine...

JICA meeting

Finance Secretary Ralph Recto meets with senior officials of the Japan International Cooperation Agency (JICA) Philippines on June 20, 2024 in Tokyo to discuss...

PH addresses Japan firms’ VAT concerns

The Philippine economic team reassured Japanese investors that the proposed changes to tax incentives will address their concerns over value-added tax (VAT) refunds. “CREATE MORE...

Recto invites Japanese firms to join PPP program

Finance Secretary Ralph Recto is inviting Japanese investors to participate in the country’s public-private partnership (PPP) program. The recently-enacted Public-Private Partnership Code establishes a reliable,...

Digitalization initiatives

Finance Secretary Ralph Recto and Budget Secretary Amenah Pangandaman welcome the digitalization initiatives under the Philippine Public Financial Management (PFM) Reforms Roadmap 2024-2028 for...

Electronic invoice

Finance Secretary Ralph Recto convenes the inaugural committee meeting to operationalize the Pre-border Technical Verification and Cross-border Electronic Invoicing System to ensure national and...

Recto welcomes law on property valuation reforms

Finance Secretary Ralph Recto has welcomed the enactment of the Real Property Valuation and Assessment Reform Act, which was signed into law as Republic...

PH, Japan sign P24.6-b loan agreement to fund acquisition of Coast Guard vessels

The Philippine government signed a 64.38-billion-yen (about P24.57 billion) loan agreement with the Japan International Cooperation Agency (JICA) to finance the acquisition of new...

Financial cooperation

Finance Secretary Ralph Recto and Ambassador of the French Republic to the Philippines Marie Fontanel sign a government-to-government (G2G) agreement on financial and development...
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