BusinessWorld E-paper
January 12, 2024
FORMER Senator Ralph G. Recto, who pushed higher value-added taxes (VAT) in the Senate in the early 2000s, has been appointed Finance secretary, according to Senate President Juan Miguel F. Zubiri.
Mr. Recto, who was elected Batangas congressman in 2022 and served three six-year terms as a senator, is set to take his oath at the Presidential Palace on Friday, according to news reports quoting his wife, former Batangas lawmaker and actress Vilma Santos-Recto.
