STATEMENT OF SENATOR LITO LAPID ON THE APPOINTMENT OF FINANCE SEC. RALPH RECTO

January 12, 2024

Congratulations to my dear friend and former colleague in the Senate, Deputy Speaker Ralph Recto whom I know personally as hardworking, intelligent, good economist, and most of all, caring.

As the new Secretary of the Department of Finance, I believe Sec. Recto could be the best person to implement President Bongbong Marcos, Jr.’s economic programs with determination and confidence.

As a legislator, the contribution and legacy of Sec. Recto in promoting economic reforms to improve the lives of every Filipino could not be underestimated.

He has been open-minded to listen and weigh different sides in complex matters.

I will support the economic reform measures and programs that the Marcos administration will push for the welfare of the entire country. Good luck!

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