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77K views · 1K reactions | WATCH: Finance Secretary Ralph G. Recto clarified misconceptions brought about by the fake news circulating on the Capital Markets Efficiency Promotion Act (CMEPA). He reiterated that the 20% tax on the interest earned from regular savings is not a new law and has long been imposed since 1998. #DOFUpdates | Department of Finance | Facebook
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LOOK: Finance Secretary and Land Bank of the Philippines (LANDBANK) Chair Ralph G. Recto praised the state bank for declaring PHP 33.5 billion in dividends––its single highest dividend yield in its history, with millions of Filipinos expected to benefit. Watch this reel to see highlights of the event. #DOFUpdates #RectoUpdates #RalphRecto #DepartmentofFinance #LANDBANK | Department of Finance
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3.9K views · 177 reactions | ICYMI: Finance Secretary Ralph G. Recto expressed confidence that the Philippines will have a greater opportunity to invest in more projects that matter most to the Filipino people with the recently sealed government-to-government financial and development cooperation agreement with Sweden. Watch the video to see the highlights of the event. #DOFUpdates #RectoUpdates #RalphRecto #DepartmentofFinance | Department of Finance | Facebook
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31K views · 681 reactions | LOOK: Finance Secretary Ralph G. Recto vowed that the Power Sector Assets and Liabilities Management (PSALM) Corporation’s all-time high dividend remittance of PHP 8.96 billion to the National Treasury will be reinvested into programs that directly uplift the lives of the Filipino people. Watch this reel to see highlights of the event. #DOFUpdates #RectoUpdates #RalphRecto #DepartmentofFinance | Department of Finance | Facebook
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