Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said that he has accepted his new position as incoming Secretary of the Department of Finance (DOF) under President-elect Ferdinand Marcos Jr.’s government which starts on June 30.
Bangko Sentral ng Pilipinas Governor Benjamin E. Diokno early Thursday, May 26, said that he has accepted his new position as incoming Secretary of the Department of Finance under President-elect Ferdinand Marcos Jr.’s government which starts on June 30.
Diokno served as budget secretary of the Duterte administration before he was appointed BSP’s fifth governor in March 2019. “Prior to the pandemic, the Philippines was poised to transition into an upper-middle-income economy, thanks largely to sound economic policies put in place over decades by multiple administrations. As the country transitions to the next administration, it is my view that continuity of sound macro and fiscal policies is important to achieve the stronger post-COVID Philippine economy that we all aim for,” he added.
The BSP on Thursday said that under Diokno’s three-year watch, the BSP was considered one of the first responders among other central banks when the global health crisis was announced on March 2020.
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