Tag: recto
-
Gov’t to consider new taxes if revenue collection falls short — Recto
•
THE GOVERNMENT will only consider introducing new taxes if revenue collection falls short of target, the Department of Finance (DoF) said. “It’s easy to pass a tax law. It’s easy to do a tabletop revenue estimate. What’s always harder is implementing the law and collecting the tax,” Finance Secretary Ralph…
-
Rate cut probably after Fed — Recto
•
THE BANGKO SENTRAL ng Pilipinas (BSP) will probably cut its policy rate after the US Federal Reserve, which has signaled it may start easing as late as December.
-
Recto backs lower tariffs on rice
•
FINANCE Secretary Ralph G. Recto said he is open to reducing tariffs on rice imports in order to help bring down prices of the food staple.
-
Recto expects BSP to keep rates steady amid weak peso
•
LATEST INFLATION DATA and the recent peso performance will likely prompt the central bank to extend its policy pause, Finance Secretary Ralph G. Recto said. “We’ll take a look at the data. So far, the way I see it, unless something changes between now and then, I think (it will…
-
Gov’t collected P1.4 trillion of revenue as of April — Recto
•
THE GOVERNMENT collected P1.4 trillion in revenue in the first four months of 2024, accounting for almost a third of its full-year target, preliminary data from the Finance department showed. “My calculation is we are at P1.4 trillion. That’s for the first four months,” Finance Secretary Ralph G. Recto told…
-
Q1 GDP likely grew by 5.8-6.3%, says Recto
•
PHILIPPINE ECONOMIC GROWTH in the first quarter could have settled between 5.8% and 6.3%, Finance Secretary Ralph G. Recto said. “Anything higher than 5.5% is a win because last year we grew by 5.5%. If we grew by 5.8%, that’s good enough. That should be one of the highest in…