President Ferdinand Marcos Jr. has opted to retain his key economic advisers, affirming his confidence in their leadership amid a broader Cabinet shake-up.
Following his call for all Cabinet members to submit courtesy resignations—a response to public dissatisfaction highlighted by the 2025 midterm election results—Marcos decided to keep Trade Secretary Ma. Cristina Roque, Finance Secretary Ralph Recto, Economic Planning Secretary Arsenio Balisacan, Budget Secretary Amenah Pangandaman, and Special Assistant for Investment and Economic Affairs Frederick Go.
Executive Secretary Lucas Bersamin announced the decision, assuring the public of the team’s continued dedication and sincerity in serving the nation.
Secretary Pangandaman expressed deep gratitude for the President’s trust, reaffirming her commitment to economic reforms aimed at sustainability and inclusivity. As the Department of Budget and Management heads into crucial budget talks, she vowed to push forward the administration’s vision of prosperity.
Finance Secretary Recto described the President’s endorsement as a mandate to intensify efforts, promising that the Department of Finance would ensure that the benefits of economic growth reach every Filipino family.
Economic Planning Secretary Balisacan also thanked the President, pledging continued efforts to drive inclusive and resilient economic development.
While Roque and Go have yet to release statements, the team’s collective goal remains unchanged: to slash poverty to 9% and reduce the debt-to-GDP ratio below 60% by 2028, while maintaining annual economic growth between 6% and 8%.