Ralph Recto

Ralph Recto is the Finance Secretary of the Philippines, focusing on economic growth and regulatory reforms. He has spearheaded initiatives like INFA-Net to streamline investments and launched GOCC Caravans to bring government services closer to Filipinos. Recto aims for a 6% economic growth in 2025, aligning with President Marcos Jr.'s mandate of fostering an agile, investor-friendly environment.

This is an AI-generated summary based on recent coverage.
Last updated at August 2, 2025.

Recent stories about Ralph Recto

Marcos weighs online gambling ban; lawmakers push for regulation

President Ferdinand R. Marcos Jr. is still considering his options regarding a total ban on online gambling, emphasizing the need for thorough study to understand its potential impacts.
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Recto: Gov mulls stricter e-gambling rules

Finance Secretary Ralph Recto stated on Tuesday that the government is still studying additional regulations for the online gambling industry, following President Ferdinand Marcos Jr.'s silence on the issue during his State of the Nation Address.
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Recto: P6B annual revenue loss from US import zero tariffs

Finance Secretary Ralph Recto stated that the Philippines could lose up to P6 billion annually in revenue due to its decision to grant zero tariffs on selected US imports.
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BTr launches GBonds, PHP500 gov't securities for GCash users

The Bureau of the Treasury (BTr) launched GBonds on Friday, July 25, allowing GCash users to invest in government securities starting from PHP500.
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Philippines eyes zero tariffs on US goods for FTA

The Philippines is considering reducing tariffs on certain products from the United States to zero as part of efforts to secure reciprocal lower or zero tariffs from the US.
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PhilHealth gets P53.26B subsidy in 2026 budget, Marcos aims to enhance benefits

PhilHealth has been allocated a P53.26-billion subsidy in the proposed national budget for 2026, reversing the zero-subsidy policy adopted for 2025.
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Recto studies stricter online gambling rules, higher taxes

Finance Secretary Ralph Recto is studying stricter regulations for online gambling, including higher taxes and additional measures to protect public welfare.
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Recto expects PH economy to grow at 5.7-5.8% in H2

Finance Secretary Ralph Recto expects Philippine economic growth to accelerate in the second half of the year.
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SBMA remits PHP1.47B in dividends, supports fiscal discipline

The Subic Bay Metropolitan Authority (SBMA) remitted PHP1.47 billion in dividends to the National Government on July 14.
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Recto approves seized gasoline donation to Coast Guard

Finance Secretary Ralph Recto approved the donation of 1,251.68 liters of seized gasoline to the Philippine Coast Guard to support maritime safety and security operations.
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