- October 26, 2024
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Finance Secretary Ralph Recto confirmed that the government has sufficient funds to support relief and rehabilitation for areas impacted by Severe Tropical Storm Kristine. In a
- October 4, 2024
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Former Finance Secretary Margarito “Gary” Teves has called on lawmakers to reduce unprogrammed appropriations in the national budget, stressing the need for better fiscal management and
- September 24, 2024
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Finance Secretary Ralph Recto announced on Tuesday that inflation in the Philippines is expected to decline to 2.5% in September, down from 3.3% in August. Recto
- August 24, 2024
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Billions of pesos in excess funds from state-run corporations, including P89.9 billion from PhilHealth, will be redirected to the Treasury to finance salary increases and benefits
- August 13, 2024
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Finance Secretary Ralph Recto confirmed on Tuesday that all Philippine infrastructure projects funded by official development assistance (ODA) are currently delayed. This acknowledgment came in response
- August 8, 2024
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The Philippine government has secured a P13.15-billion loan from South Korea for the development of a new Dumaguete City Airport in Negros Oriental. This funding agreement
- July 23, 2024
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Finance Secretary Ralph Recto emphasized the potential economic benefits of tapping into unutilized funds allocated for unprogrammed projects, such as those under the Philippine Health Insurance
- May 17, 2024
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Finance Secretary Ralph Recto has suggested the possibility of the Social Security System (SSS) and the Government Service Insurance System (GSIS) purchasing the government’s stake in
- January 23, 2024
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In a significant move, Ralph Recto, the newly appointed Finance Secretary, has officially taken his place on the Monetary Board (MB) of the Bangko Sentral ng
- January 14, 2024
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Philippine President Ferdinand Marcos Jr. has conveyed a guarded stance on the nation’s economic prospects, citing concerns over the El Nino weather phenomenon and geopolitical tensions.
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