Senator-elect and Sorsogon Governor Chiz Escudero said the key appointments of incoming President Ferdinand Marcos Jr. of his economic team augur well for the business sector and the international community, owing to their wealth of experience and expertise that is expected to provide growth and stability in the face of the ongoing pandemic.
According to Escudero, who was re-elected to the Senate for a third term, said the nomination of Bangko Sentral ng Pilipinas (BSP) Gov. Benjamin Diokno as secretary of finance, former University of the Philippines president Alfred Pascual as trade and industry secretary, Monetary Board member Felipe Medalla as the successor of Diokno at the BSP, and former Socioeconomic Planning Sec. Arsenio Balisacan as head of the National Economic and Development Authority (NEDA) he once led under the administration of the late President Noynoy Aquino, was a “move in the right direction”.
“All are known and competent in their respective fields and President-elect Marcos’ economic team should inspire confidence from the business sector and the international community,” Escudero, who chaired the Senate Committee on Finance under the 16th Congress, said.
“The appointments send a strong message as a whole that our country is headed in the right direction and will sustain the stability and growth of our economy.”
“The appointments send a strong message as a whole that our country is headed in the right direction and will sustain the stability and growth of our economy,” he added.
Aside from the four, Marcos Jr. has also appointed the following as members of his official family: Manuel M. Bonoan, Department of Public Works and Highways (DPWH); Bienvenido E. Laguesma, Department of Labor and Employment (DOLE); Susan “Toots” Ople, Department of Migrant Workers (DOMW); and lawyer Trixie Cruz-Angeles, Press Secretary and Presidential Communications Operations Office (PCOO) head.
“There should be no problem with the Commission on Appointments (CA) once their names are submitted for confirmation if there are no strong and valid issues against their nominations.”
Escudero said that there should be no problem with the Commission on Appointments (CA) once their names are submitted for confirmation if there are no “strong and valid issues” against their nominations.
“The President should have a wide enough latitude in choosing his Cabinet and team that will implement his plans, programs, and vision for our country and people. Absent any strong and valid issues that may be brought out and proven against his nominee, there should be no problems getting CA nod,” he said.