Business groups nod as Marcos forms economic team

From left to right: Benjamin Diokno, Felipe Medalla, Manuel Bonoan, and Anton Lagdameo Read more: https://business.inquirer.net/348837/business-groups-nod-as-marcos-forms-economic-team#ixzz7USGnmlBt Follow us: @inquirerdotnet on Twitter | inquirerdotnet on Facebook

MANILA (Philippine Daily Inquirer/Asia News Network): Earning an early thumbs-up from business groups, President-elect Ferdinand Marcos Jr on Thursday (May 26) announced new appointments to his economic team, emphasising his incoming administration’s focus on steering the economy out of a slump.

A day after he and Vice President-elect Sara Duterte were proclaimed winners by Congress in the May 9 polls, Marcos said he was nominating Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno as his finance secretary and then President Joseph Estrada’s former National Economic Development Authority (Neda) chief Felipe Medalla as BSP governor.