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DoF chief joins BSP’s Monetary Board
Finance Secretary Ralph Recto has completed the Bangko Sentral ng Pilipinas' (BSP) Monetary Board by taking his oath as the government sector representative.
Recto's appointment fills the last seat on the seven-member board that determines the country's monetary policy.
He was sworn in by BSP Governor Eli Remolona Jr. on Monday, January 22.
Former Finance Secretary Benjamin Diokno also recently joined the board as a private sector representative.
The Monetary Board now comprises BSP Governor Eli Remolona Jr. as chairperson, Finance Secretary Ralph Recto as the government representative, and five private sector representatives: Romeo Bernardo, Anita Aquino, Benjamin Diokno, Bruce Tolentino, and Rosalia de Leon.
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