The Business Times

Ralph Recto

Banking & Finance

Philippines eyes US$2 billion in its first global bond this year

The offer is part of a plan to raise about US$5 billion in funding from overseas markets for 2024

“It is imperative that we find ways and means to reduce inflation,” says Finance Secretary Ralph Recto.
International

Philippine inflation remains an 'urgent' concern, says Finance Secretary

Philippine Finance Secretary Ralph Recto said on Wednesday (Jan 24) that inflation remains a “most urgent concern” and must be kept under control.

As finance minister, Ralph Recto will face the challenge of cutting the country’s debt to 48 per cent of its gross domestic product by the end of Marcos’ term in 2028 from 61 per cent in 2022.
International

Philippines president picks longtime lawmaker as new finance minister

Philippine President Ferdinand Marcos Jr has appointed longtime lawmaker Ralph Recto as his finance minister, GMA News reported on Thursday (Jan 11), quoting the congressman’s wife.

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