NATIONAL
Advocates Philippines
President Announces Key Appointments In Press Briefing
Photo credit: PCO
In a press briefing held today, President Ferdinand R. Marcos Jr. unveiled significant appointments in his administration, designating Secretary Frederick D. Go as the Special Assistant for Investment and Economic Affairs, and appointing Secretary Ralph G. Recto as the new head of the Department of Finance.
During his address, President Marcos highlighted the current state of the nation's economy, addressing challenges posed by El Niño and geopolitical tensions. Despite these hurdles, the President expressed confidence in Go's ability to foster growth in the country's industries and Recto's capacity to implement reforms aimed at controlling inflation and achieving the administration's developmental goals.
Newly sworn-in Finance Secretary Ralph G. Recto officially took his oath of office at the Malacañang Palace earlier today, in the presence of President Marcos. Before assuming his role as Finance Secretary, Recto served as the Deputy Speaker of the House of Representatives of the Philippines during the 19th Congress, representing the 6th District of Batangas.
Recto's extensive political career spans three terms in the Senate, from 2001 to 2007 and from 2010 to 2022. During his tenure, he held crucial positions such as Senate President Pro Tempore (16th to 18th Congress) and Senate Minority Leader (17th Congress). His political journey began as the Representative of the 4th District of Batangas from 1992 to 2001.
As a seasoned legislator, Recto advocated for various tax measures and economic reforms aimed at addressing the cost of living, fostering meaningful employment, and expanding the country's fiscal space. His dedication to public service is further evidenced by his previous role as Socioeconomic Planning Secretary of the National Economic and Development Authority (NEDA) in 2008.
During his address, President Marcos highlighted the current state of the nation's economy, addressing challenges posed by El Niño and geopolitical tensions. Despite these hurdles, the President expressed confidence in Go's ability to foster growth in the country's industries and Recto's capacity to implement reforms aimed at controlling inflation and achieving the administration's developmental goals.
Newly sworn-in Finance Secretary Ralph G. Recto officially took his oath of office at the Malacañang Palace earlier today, in the presence of President Marcos. Before assuming his role as Finance Secretary, Recto served as the Deputy Speaker of the House of Representatives of the Philippines during the 19th Congress, representing the 6th District of Batangas.
Recto's extensive political career spans three terms in the Senate, from 2001 to 2007 and from 2010 to 2022. During his tenure, he held crucial positions such as Senate President Pro Tempore (16th to 18th Congress) and Senate Minority Leader (17th Congress). His political journey began as the Representative of the 4th District of Batangas from 1992 to 2001.
As a seasoned legislator, Recto advocated for various tax measures and economic reforms aimed at addressing the cost of living, fostering meaningful employment, and expanding the country's fiscal space. His dedication to public service is further evidenced by his previous role as Socioeconomic Planning Secretary of the National Economic and Development Authority (NEDA) in 2008.
Jan 12, 2024
