Malacañang dissolves OSAPIEA following Go's DOF appointment

Malacañang announced the dissolution of the Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA) following its former chief Frederick Go's appointment as Acting Secretary of the Department of Finance.

Communications Undersecretary Claire Castro stated that the dissolution is a practical move, consolidating functions now handled by Go at the DOF.

She assured that foreign trade agreements, including ongoing negotiations with the United States over tariff rates, will not be affected.

Castro added that the Department of Trade and Industry can handle the technical aspects of trade agreements.

Go's transfer to the DOF occurred amidst a Cabinet shake-up that saw Ralph Recto appointed as Executive Secretary, replacing Lucas Bersamin.