(UPDATE) FORMER Finance undersecretary Cielo Magno said that she knew that her Sept. 1, 2023 Facebook post of a graph showing how the price ceiling on rice contradicts basic economic concepts would cause her to lose her job.

'I knew when I posted the supply and demand graph that my boss (Finance Secretary Benjamin Diokno) would receive a call from Malacañang to remove me, but I did it anyway. With how things were going, I knew it was time to go,' Magno, an appointee of President Ferdinand Marcos Jr., posted on X (formerly known as Twitter) on Saturday.