New Finance Secretary Ralph Recto vows to hit the government's revenue target of P4.235 trillion this year. He takes his oath before President Marcos and commits to spending money wisely and acting faster on investment.
Recto will follow the National Development Plan and ensure the implementation of the macrofiscal framework.
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Rep. Ralph Recto to be sworn in as Secretary of FinanceMalacañang confirmed that Rep. Ralph Recto will take his oath as secretary of the Department of Finance on January 12, 2024. President Ferdinand Marcos Jr. will also swear into office Frederick Go, his Special Assistant for Investment and Economic Affairs.
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Recto appointed as Finance secretary, Diokno replacedHOUSE Deputy Speaker Ralph Recto has been named Finance secretary by President Ferdinand Marcos Jr. and will take his oath of office today, January 12, his wife, actress and former Batangas congresswoman Vilma Santos-Recto, said Thursday. Santos-Recto made the revelation in an online interview with showbiz columnist Jun Lalin. A Malacañang source confirmed to The Manila Times Recto's appointment as Finance chief. Recto is set to replace Benjamin Diokno, who was with the Marcos administration for nearly 19 months.
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AI can abolish companiesThe use of artificial intelligence has grown exponentially, and it now has the potential to abolish companies and create new industries, according to Information and Communications Technology Secretary Ivan John Uy.
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