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Thursday, August 21, 2025

Tag: Finance Secretary Ralph Recto

BIR to expedite critical drugs VAT exemption

Finance Secretary Ralph Recto ordered the Bureau of Internal Revenue (BIR) to accelerate the implementation of value-added tax (VAT) exemption on an expanded list...

Recto welcomes World Bank’s PH commitment

Finance Secretary Ralph Recto welcomed the World Bank Group’s (WBG) newly-approved Country Partnership Framework (CPF) for the Philippines (2026–2031), calling it the most aligned...

Recto: Fitch rating reflects strong PH growth outlook

Finance Secretary Ralph Recto on Wednesday welcomed Fitch Ratings’ reaffirmation of the Philippines’ ‘BBB’ credit rating with a ‘stable’ outlook, citing the country’s strong...

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