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(Eagle News) — Benjamin Diokno is set to return as a member of the Monetary Board of the Bangko Sentral ng Pilipinas. President Bongbong Marcos himself made the announcement on Friday, Jan. 12, after introducing former Deputy Speaker Ralph Recto as the new Finance Secretary, the post held by Diokno prior to the former’s appointment. Once appointed, Diokno will replace Peter Favilla in the BSP Monetary Board, whose term ended on July 2 last year. […]
Former Socioeconomic Secretary Felipe Medalla chosen for top BSP post (Eagle News) — President-elect Bongbong Marcos has chosen Bangko Sentral ng Pilipinas governor Benjamin Diokno to lead the Department of Finance under his administration. In a press conference held a day after he was proclaimed as the country’s next president, Marcos also announced he has chosen former Socioeconomic Secretary Felipe Medalla to take the helm of the BSP with Diokno assuming the new post. In […]
(Eagle News) — Bangko Sentral ng Pilipinas Governor Benjamin Diokno has tested negative for the coronavirus disease 2019. In a statement, the BSP said Diokno “will report for work tomorrow, just in time for the Monetary Board policy meeting.” “The continued health of members of the Monetary Board is paramount to the stability of the financial system amidst this pandemic,” it said. Earlier, Diokno went on self-quarantine after he had exposure to a person who […]
(Eagle News) — Senator Francis Escudero on Tuesday, March 5, lauded President Rodrigo Duterte’s appointment of Benjamin Diokno at the helm of the Bangko Sentral ng Pilipinas. “This will certainly ensure the stability and continuity of the country’s fiscal policies gains,” Escudero, who is the chair of the Senate Committee on Banks and Financial Intermediaries, said. According to Escudero, Diokno’s appointment to the post was a “promotion given that he will now be responsible for […]
(Eagle News) — The Palace on Tuesday, March 5, expressed confidence the Commission on Appointments would approve Benjamin Diokno’s appointment as the new Bangko Sentral ng Pilipinas governor. According to Presidential Spokesperson Salvador Panelo, Diokno was, after all, “a good man,” an “experienced man,” an “expert man” and a “man of integrity.” He said these were the reasons President Rodrigo Duterte appointed Diokno at the helm of the BSP in the first place. Earlier, then-House […]
(Eagle News) — The Department of Budget and Management on Tuesday, March 5, expressed confidence the Bangko Sentral ng Pilipinas and the Philippine economy in general were “in good hands” with Benjamin Diokno at the helm of the BSP and the Monetary Board. In a statement, the DBM said “Secretary Ben, a lifelong public servant and economics professor,” after all, “embodies the decisive leadership, professional experience, and technical competence needed in a central bank governor.” […]
(Eagle News) — The Philippine banking industry on Tuesday, March 5, welcomed the appointment of Budget Secretary Benjamin Diokno as the new governor of the Bangko Sentral ng Pilipinas. In a statement, the Bankers Association of the Philippines lauded Diokno as a “respected economist, academic and civil servant” who spearheaded “various budget and governance reforms which improved the efficiency of the delivery of government services in the country.” “The BAP is optimistic that the reformist brand […]
(Eagle News) — President Rodrigo Duterte has named a Budget undersecretary as officer-in-charge of the Department of Budget and Management. Duterte named Janet Abuel at the helm of the DBM following the appointment of then-Budget Secretary Benjamin Diokno as Bangko Sentral ng Pilipinas governor. Diokno replaced Nestor Espenilla, who passed away after fighting tongue cancer, in February. Diokno will serve Espenilla’s remaining term until 2023. Abuel, a bar topnotcher, finished her Masters of Public Administration […]
(Eagle News)—The P75 billion which House appropriations chair Rolando Andaya Jr. described as an “insertion” in the proposed national budget would be divided among members of the House of Representatives and some members of the Senate, he admitted on Sunday, Feb. 10. Andaya’s statement in an interview over radio dzbb is a confirmation of Senator Panfilo Lacson’s earlier claim. Lacson had said each congressman had been allotted P160 million to supposedly fund their projects. Some senators, […]
(Eagle News) — The Palace is backing Budget Secretary Benjamin Diokno skipping the House appropriations committee hearing on Friday, Feb. 9. In a statement, Presidential Spokesperson Salvador Panelo said that while “officials from the executive branch would give their full cooperation and if necessary, attend probes and inquiries in aid of its duty of legislation,” Congress in general, for its part, should “accord the same courtesy to an executive official whom it invites as a […]
(Eagle News) — House appropriations committee chair Rolando Andaya Jr. on Friday, Feb. 8, accused Budget Secretary Benjamin Diokno of trying to”bribe” the House of Representatives into “shut(ting) up” about the P75-billion “insertion” in the proposed national budget. According to Andaya, the “P40-billion bribe” was offered during a meeting with Diokno, Budget Undersecretary Mina Pangandaman and a friend he did not identify. He said it was Pangandaman who invited him to the meeting, and that […]
(Eagle News) — House appropriations committee chair Rolando Andaya Jr. wants Budget Secretary Benjamin Diokno cited in contempt for his failure to appear anew in the panel’s hearing on Friday, Feb. 8, on alleged anomalies in the proposed national budget for 2019. Andaya said Diokno should be held liable for snubbing the hearing and those before that even after the Budget chief said “there was no proper notice and not enough time to allow him […]
