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Tag: Finance Secretary Ralph Recto

Recto says DBP, LandBank merger not pushing thru

The merger plan for state-run Land Bank of the Philippines and Development Bank of the Philippines will no longer push through, Finance Secretary Ralph...

Tax campaign

Finance Secretary Ralph Recto leads this year’s National Tax Campaign Kick-Off at the Philippine International Convention Center (PICC) on Feb. 8, 2024. As the...

DBCC to release realistic 2024 growth targets

The Development Budget and Coordination Committee (DBCC) is studying revisions in its macroeconomic assumptions for 2024 and beyond, following the government’s missed economic target...

ADB supports DOF’s proposed tax reforms

The Department of Finance (DOF) said Wednesday the Asian Development Bank (ADB) is supporting its latest set of tax reforms aimed at increasing public...

Recto pushes unified policy on digital adoption

Finance Secretary Ralph Recto asked public officials to develop a unified policy for a comprehensive digital transformation for public services. The initiative aligns with President...

SSS savings program raises over nearly P80 billion

The Social Security System (SSS) said Thursday contributions to its Worker's Investment and Savings Program (WISP) reached P79.51 billion from 6.02 million as of...

Recto backs Senate bill on MUP pension

Finance Secretary Ralph Recto said he supports a Senate bill which seeks to impose a mandatory contribution to new entrants only in the Armed...

IC asked to ensure steady growth of insurance sector

The Department of Finance (DOF) asked the Insurance Commission (IC) to take a proactive and innovative approach to ensure the insurance sector’s continued growth...

What should be Recto’s priorities?

Recto should also push for lowering the cost of electricity, since high power rates is among the deterrents to attracting more foreign investments into...

Finance chief, US Treasury official, vow to address investors’ concerns

Finance Secretary Ralph Recto on Monday assured American officials of the Philippines’ commitment to welcoming American investors with “red carpet” to boost economic and...

Recto joins Diokno in 7-member Bangko Sentral Monetary Board

Finance Secretary Ralph Recto filled the last seat on the seven-member Monetary Board of the Bangko Sentral ng Pilipinas (BSP). BSP Governor Eli Remolona Jr....

Reinforced economic team

The private sector has also weighed in on Recto’s designation as finance secretary…praising his ‘wealth of experience’ and ‘impeccable track record of exemplary public...

Recto pushes medium-term debt meter, transparent borrowings

The Department of Finance (DOF) is crafting a roadmap for public borrowings to shore up the Philippines’ economic resilience through fiscal discipline and responsible...

Recto aims for P4.235t in revenue as DOF head

New Finance Secretary Ralph Recto on Friday vowed to do his best to hit the government’s target to collect around P4.235 trillion in revenues...
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