BSP Governor Eli M. Remolona (left) swore in Finance Secretary Ralph G. Recto as a new member of the Monetary Board during a ceremony at the BSP headquarters in Manila on Monday, Jan. 22, 2024. Finance Secretary Ralph G. Recto has formally assumed the role of the government's representative to...
Finance Secretary Ralph G. Recto has urged Congress to work with the Department of Finance (DOF) to quickly pass key reforms necessary to lower the government’ budget deficit and debt levels. Recto, who served as a legislator in both the upper and lower houses, said that the DOF is currently...
Finance Secretary Ralph G. Recto was briefed by the Bureau of the Treasury about the country’s strategic financing program, which includes the government’s plan to borrow over P2 trillion this year. The Department of Finance (DOF) reported that Officer-in-Charge National Treasurer Sharon P....
Surigao del Norte 2nd district Rep. Robert Ace Barbers (left), DOF Secretary Ralph Recto (MANILA BULLETIN/ Facebook) Surigao del Norte 2nd district Rep. Robert Ace Barbers said the recent designation of his former House colleague Ralph Recto as Department...
The Department of Finance (DOF) has stressed the importance of determining the most efficient and economically viable approach to carbon taxation before introducing it in the Philippines. Finance Secretary Ralph G. Recto said on Tuesday, Jan. 16, that it is vital to find the most suitable way to...
Finance Secretary Ralph G. Recto has received assurance from his predecessors of their full support, pledging to assist him whenever he may need it. Former finance secretaries Cesar V. Purisima, Carlos G. Dominguez III, and Margarito B. Teves have expressed their support for Recto and assured him...
Following his official assumption of office, Finance Secretary Ralph G. Recto wants to hold a series of meetings with the officials of all attached agencies and bureaus of the Department of Finance (DOF) this week. On Monday, Jan. 15, Recto immediately led briefings with key DOF offices following...
Finance Secretary Ralph G. Recto has chosen to retain all officials of the Department of Finance (DOF) in their current roles as he assumes one of the most challenging positions in the government. In a Department Order No. 03-2024 signed by Recto on Monday, Jan. 15, the finance chief made a single...
President Marcos is confident that new Finance Secretary Ralph Recto would implement new ideas and programs during his stewardship. President Ferdinand 'Bongbong' Marcos Jr. introduces new Finance Secretary Ralph Recto and Special Assistant to the President for Investment and Economic Affairs...
President Marcos’ newly appointed finance secretary, Ralph G. Recto, said he would ensure that the Maharlika Investment Fund (MIF) will “operate in fidelity with the law and fulfill its intended objectives.” The MIF, which is the country’s first wealth fund, is managed by the Maharlika...
Newly appointed Department of Finance (DOF) Secretary Ralph G. Recto said he will push for the passage of a law that will develop a sustainable corporate pension system in the country and reforms in public and private pensions. Recto said that he will advocate for the Capital Markets Development...
DOF Secretary Ralph Recto (Facebook) The Trade Union Congress of the Philippines (TUCP) is looking forward to building a labor-friendly economy with newly-appointed Department of Finance (DOF) Secretary Ralph Recto. In a statement on Friday, Jan. 12, TUCP...
