Read this in The Manila Times digital edition.
CONGRATULATIONS to Secretary Ralph Recto on his appointment as secretary of finance and Secretary Frederick Go. Much is riding on them, and many critical decisions need to be made. One of them is related to what is discussed next.
A badly kept rumor finally became reality with the replacement of Secretary Diokno with Secretary Recto. I will not comment on the horse race aspect and contretemps as others have done that with gusto and more detail than I could. I prefer to deal with issues and points given the dearth of the latter and abundance of the former. I am happy Secretary Diokno had the decency not to join the Maharlika board as "chairman emeritus" given Maharlika has no permanent staff apart from the chief executive officer (CEO) and is yet to deploy any capital or even start working on any investment.
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