PH Incoming Finance Secretary Benjamin Diokno Reveals He Accepted the Offer

PH Incoming Finance Secretary Benjamin Diokno Speaks on Accepting BBM’s Offer

PH incoming Finance Secretary Benjamin Diokno revealed why he agreed to cut his term short in Bangko Sentral ng Pilipinas (BSP) and lead the finance department.

The next president of the Republic of the Philippines has already been proclaimed during the joint session of the Senate and the House of Representatives. Former Senator Bongbong Marcos is the elected president in the Elections 2022 and the 17th president of the Republic.

Marcos Jr. ran under Partido Federal ng Pilipinas. His candidacy undeniably triggered a lot of issues surrounding the regime of his late father, their family’s alleged ill-gotten wealth, and his tax evasion cases. Several petitions seeking to cancel his candidacy or disqualify him were filed before the Commission on Elections (Comelec).

All petitions against Marcos Jr. were junked. Recently, with over 16 million lead in the presidential race, he was officially declared the president-elect of the country.

Bongbong Marcos
Photo Credit: BBC

Marcos Jr. started naming the people he wants to be part of his Cabinet. The president-elect offered the highest post in the Department of Finance to BSP Chief Benjamin Diokno. The latter accepted the offer.

PH Incoming Finance Secretary Benjamin Diokno
Photo Credit: Rappler

Based on a report on ABS-CBN News, Diokno’s acceptance of the post cuts short his term as the chief of BSP. Supposedly, he is set to step down as the Central Bank’s Chief in 2023.

PH Incoming Finance Secretary Benjamin Diokno spoke on his decision to accept the offer of president-elect Bongbong Marcos. Based on the report, he cited that Marcos Jr. said “he needs someone to be responsible in running the economy” of the country.

“How can you refuse a president which was elected by 31 million Filipinos,” PH incoming Finance Secretary Benjamin Diokno said.

The outgoing BSP Chief admitted that there were doubts to accept the offer but there were also a lot of calls for him to take it so he decided to accept it. BSP Board Member Felipe Medalla whom he tagged as a “very good” choice will be the next chief of the Central Bank.

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