Finance Sec. Ralph Recto submits courtesy resignation to PBBM

Finance Secretary Ralph Recto has submitted his courtesy resignation to President Ferdinand "Bongbong" Marcos Jr. in response to the president's call for all cabinet secretaries to do the same.

President Marcos ordered the courtesy resignations of his cabinet members days after the recent election results were announced.

The president stated that the directive aims to realign the government with the people's expectations.

Recto expressed his full support for the president's decision, emphasizing that Marcos carries the heavy burden of leading the nation through complex challenges.

He affirmed that he serves at the pleasure of the President and submitted his resignation promptly and without reservation.

Recto was appointed as the Secretary of the Department of Finance in 2024.

Topics in this story

Explore more stories about these topics.

🤖

This story was generated by AI to help you understand the key points. For more detailed coverage, please see the news articles from trusted media outlets below.

News Sources

See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.