Thursday, May 21, 2026
Today's Print

Tag: Secretary Ralph Recto

Inflation drops to pre-pandemic low of 1.4% in April

Consumer prices continued its downward trend in April, falling to 1.4 percent – the lowest rate since November 2019, the Philippine Statistics Authority (PSA)...

DOF streamlines process for school incentives

The Department of Finance (DOF) issued revenue regulations streamlining the process for availing tax incentives in the education sector to entice private sector investment...

PSA upgrades 2024 economic growth to 5.7%

The Philippine Statistics Authority (PSA) said Thursday it upgraded the gross domestic product (GDP) growth to 5.7 percent from an initial estimate of 5.6...

Recto defends transfer of PhilHealth’s excess fund

Department of Finance Secretary Ralph Recto defended the government’s transfer of excess funds from the Philippine Health Insurance Corp. (PhilHealth), describing it as legal,...

Trump’s tariff hike won’t hurt, may even benefit PH

Finance Secretary Ralph Recto expects the Philippines to be among those “least affected” by US President Donald Trump’s higher tariff policy because “our economy...

Recto’s ways and means

“We ought to thank Recto for taking the difficult path, suffer the mortal blow to his political career, because he was looking at the...

DOF: PhilHealth to earn P61 billion this year, fund transfer won’t affect benefits

The Department of Finance said the Philippine Health Insurance Corp. (PhilHealth), bolstered by rising earnings and continued government subsidies, will have ample funds to...

Poe: Past admin borrowed money instead of using PhilHealth funds

Senate Committee on Finance chair Senator Grace Poe, during the Senate briefing on the proposed 2025 National Expenditure Program, said despite having available funds,...

FFCCCII raises concerns over inflation

The Federation of Filipino-Chinese Chambers of Commerce and Industry Inc. (FFCCCII), led by its president Dr. Cecilio Pedro, visited the Department of Finance (DOF)...

Govt on track to meet targets in fiscal plan

Department of Finance (DOF) Secretary Ralph Recto has assured the House of Representatives that the government is on track to achieving its targets under...

Gov’t on track to reducing budget deficit, debt gradually, says Recto

Department of Finance (DOF) Secretary Ralph Recto said Monday the government is on track to meeting its fiscal goals to gradually lower deficit and...

DOF moves swiftly to aid super typhoon, flood victims

The Department of Finance (DOF) and government financial institutions (GFIs) said they swiftly implemented measures to help Filipinos affected by Typhoon Carina and expedite...

Gov’t data sharing to boost tax collection, says Recto

Finance Secretary Ralph Recto said Wednesday a new system for sharing data between government agencies will lead to more efficient tax collection. The Securities and...

Recto: DOF to stretch revenues for education

Finance Secretary Ralph Recto said every peso collected by his agency is being stretched to fund education, food security, social protection and infrastructure programs...
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