BSP Chief Says Economic Team to Be “Mostly” Intact

BSP chief says economic team to be “mostly” intact

MANILA, Philippines — Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. said expects no big changes in the Marcos administration’s  economic team. As the same time the Federation of Filipino-Chinese Chambers of Commerce and Industry Inc. (FFCCCII) expressed full support for President’s reassessment of his Cabinet. Remolona said in a media briefing he expected the

Philippines’ Marcos Keeps Economic Team Amid Cabinet Shakeup

Philippine President Ferdinand Marcos Jr. retained Ralph Recto as his finance chief and the rest of his economic team amid a Cabinet revamp, signaling continuity in his economic agenda.

BSP chief Remolona sees President Marcos rejecting economic team resignations, cites their professionalism

Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. expects President Ferdinand Marcos Jr. to reject the resignations of the economic team, arguing that the President’s dissatisfaction was not directed at the team, which he says operates very professionally.This came after the President, on Thursday, May 22, ordered all his Cabinet secretaries to step down from their posts so he could review their performance during the first half of …