Follow us for updates
© 2022
Read the Story →

Marcos Economic Team Takes Shape with Return of Aquino's NEDA Chief Balisacan

Four appointments announced on Monday.
by Erwin Colcol
May 23, 2022
Photo/s: Jam Sta Rosa, Agence France-Presse

Presumptive president Ferdinand "Bongbong" Marcos Jr. on Monday named three members of his incoming economic team, including the late President Benigno "Noynoy" Aquino's former socioeconomic planning secretary.

Arsenio Balisacan will return as director-general of the National Economic Development Authority, which is in charge of crafting policies for growth and target-setting. Currently the head of the Philippine Competition Commission, Balisacan hails from Ilocos Norte, the bailiwick of the Marcoses.

EXLPAINER: From President-Elect to Inauguration, How the Winner Assumes Power

Marcos said he had worked with Balisacan when he was still governor of Ilocos Norte and they had "very similar thinking."

"For employment, for the development of our economy, nag-usap kami ng ilang oras at mukha namang tumutugma ang aming pag-iisip patungkol sa approach natin dito sa darating na mga taon when it comes to economic managers," he said.

Marcos also said former Labor Sec. Bienvenido Laguesma would return to his old post during the Estrada administration, while longtime migrant workers advocate Susan "Toots" Ople will head the newly-formed Department of Migrant Workers.

Continue reading below ↓

Laguesma, Ople, and Balisacan have all accepted the offers to them, according to Marcos' spokesperson and incoming executive secretary Vic Rodriguez. Earlier Monday, Cavite Rep. Crispin "Boying" Remulla said he accepted the offer to head the justice department.

Ople, is the daughter of the late Sen. Blas Ople, who was labor minister during the administration of the late dictator Ferdinand Marcos Sr.


By the Numbers: Bongbong Marcos Heads to Landslide Win

The Powers of the Philippine President, Explained

EXPLAINER: Salary, Privileges of the Philippine President

"Sabi ko para hindi matigil ang functions, ngayon pa lang umpisahan na natin pag-isipan kung ano ang gagawin natin para pagdating ng panahon ay mabilis na. The Department of Migrant Workers from Day 1 will immediately be operational and performing its function," he said.

Earlier, several names have been announced as members of the Marcos Cabinet, including presumptive vice president Sara Duterte-Carpio as education secretary, Benhur Abalos as interior secretary, and Cavite Rep. Jesus Crispin "Boying" Remulla as justice secretary.

Continue reading below ↓
Recommended Videos

Marcos asked the public to give him a few more days to finalize the list of his Cabinet officials.

"We’re working very hard on the other departments and dahan dahan naman we are beginning to fill the positions, I still have to talk to them some of our proposed nominees and we have to understand na nagkakasundo kami sa polisiya," he said.

"Kasi kung hindi naman sila mag-aagree ay mahirap naman masyado yun. So we will continue to discuss with them and should they agree ay umpishan na namin ang planning para diyan," he added.

Reportr is now on Quento. Download the app or visit the Quento website for more articles and videos from Reportr and your favorite websites.

Latest Headlines
Read Next
Recent News
Foreign money converted to Peso.
Meta says it was referring to a different "Live Shopping" feature.
With the reopening of several local destinations, this app has never been more timely.
The virus is also found in shrews.
After four people drowned in their basement apartment.
The news. So what? Subscribe to the newsletter that explains what the news means for you.
The email address you entered is invalid.
Thank you for signing up to On Three, reportr's weekly newsletter delivered to your mailbox three times a week. Only the latest, most useful and most insightful reads.
By signing up to newsletter, you agree to our Terms of Service and Privacy Policy.