Sunday, May 3, 2026
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Tag: Secretary Ralph Recto

Gov’t hikes healthcare budget, expands PhilHealth benefits

Department of Finance Secretary Ralph Recto said the government is committed to universal healthcare, citing President Ferdinand Marcos Jr.’s Zero Balance Billing policy for...

Electrification program

Department of Finance (DOF) Secretary Ralph Recto chairs a sectoral meeting alongside Energy Secretary Sharon Garin to accelerate the electrification of all Filipino households,...

GOCC caravan

Department of Finance (DOF) Secretary Ralph Recto launches the Government-Owned or -Controlled Corporations (GOCCs) Caravan, a one-stop shop designed to make the services of...

Recto approves rules for lower rates, quicker access for SSS calamity loans

Department of Finance (DOF) Secretary Ralph Recto, the ex-officio chair of the Social Security Commission (SSC), approved the improvements to the Social Security System’s...

Recto expects faster growth in second half

Finance Secretary Ralph Recto expects the Philippine economy to post stronger growth in the second half of 2025, following a 5.4-percent expansion in the...

SBMA remits P1.47 billion in dividends to national government

The Subic Bay Metropolitan Authority (SBMA) has remitted P1.47 billion ($25 million) in dividends to the national government, the Department of Finance (DOF) said. Finance...

DOF, SEC to expedite capital market reforms

Finance Secretary Ralph Recto and newly appointed Securities and Exchange Commission (SEC) chairperson Francis Lim are accelerating the implementation of key reform initiatives aimed...

DOF welcomes mining tax reform bill ratification

The Department of Finance (DOF) on Friday welcomed the ratification by the bicameral conference committee of the rationalization of the mining fiscal regime to...

Delisting from EU blacklist to spur PH investments

Department of Finance Secretary Ralph Recto said Thursday the Philippines’ removal from the European Union’s high-risk money laundering list is expected to attract more investments and...

Marcos gov’t inherits P12.79-t debt from past administrations

The Philippine government is focused on managing its substantial inherited debt by accelerating economic growth, aiming to bring borrowings down to a sustainable level...

Committee watches gov’t financial institutions’ stability

Department of Finance Secretary Ralph Recto said he is closely monitoring the government financial institutions (GFIs) due to their crucial role in nation-building. Recto said...

New law expected to lift local capital markets—Recto

Department of Finance Secretary Ralph Recto on Friday lauded the enactment of Republic Act No. 12214 or the Capital Markets Efficiency Promotion Act (CMEPA),...

People want services, not politics

“People want more services, not political squabbles from high officials” FOLLOWING the recent midterm elections where most of President Marcos Jr. Alyansa Para sa Bagong...

CDC dividends

Clark Development Corp. (CDC) president and chief executive Agnes Devanadera and Department of Finance Secretary Ralph Recto share a light moment during the ceremonial...
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