House of Representatives Speaker Martin Romualdez and Finance Secretary Ralph Recto are leading the Philippine delegation attending the World Economic Forum (WEF) annual meeting in Davos, Switzerland ...

MANILA, Philippines — Economic growth in 2024 might have fallen short of the Marcos administration’s target, Finance Secretary Ralph Recto said, no thanks to the powerful typhoons that hit the ...

Recto said the country’s full-year gross domestic product (GDP) growth in 2024 would be below six percent. The government had set a growth target of six to seven percent for last year.

FINANCE Secretary Ralph G. Recto resolved concerns on the computation of the National Tax Allotment (NTA) shares for local government units (LGUs) in a productive dialogue with city mayors on January ...

Recto told reporters during a press chat on Thursday, Jan. 16, affirming the possibility of a below-six-percent expansion rate. For the third quarter of 2024, the Philippine gross domestic product ...

Finance Secretary Ralph Recto said LGUs’ national tax allotment (NTA) shares next year would increase from the current 32 percent as the earmarking of higher revenues generated from additional ...

Finance Secretary Ralph Recto said he has resolved the concerns on the computation of the tax share of local government units (LGUs) in a “productive dialogue” with city mayors. “We did not ...

MANILA — Finance Secretary Ralph G. Recto resolved concerns on the computation of the National Tax Allotment (NTA) shares for local government units (LGUs) in a productive dialogue with city mayors on ...

In a press chat on Thursday, Finance Secretary Ralph G. Recto said there will be additional revenues for LGUs next year as the Tax Reform for Acceleration and Inclusion (Train) Law will expire in ...

FINANCE SECRETARY RALPH G. RECTO — DEPARTMENT OF FINANCE FACEBOOK PAGE FINANCE Secretary Ralph G. Recto briefed local government units (LGUs) on how their National Tax Allotment (NTA) was computed, ...