Business groups welcome Marcos Jr. economic team appointments

Business groups have welcomed President-elect Ferdinand Marcos Jr.'s appointments to his economic team.

Key appointments include Benjamin Diokno as Finance Secretary, Felipe Medalla as Bangko Sentral ng Pilipinas (BSP) Governor, Alfredo Pascual as Trade and Industry Secretary, and Manuel Bonoan as Secretary of Public Works and Highways.

Diokno, who was previously BSP Governor, was recognized as the world's best central banker.

Medalla, an economist with over four decades of experience, has served under four presidents and was previously NEDA chief.

The business community anticipates that these appointments will boost confidence and foster policies for job creation and economic recovery.

Arsenio Balisacan was also appointed as NEDA Secretary.

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