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Manila Bulletin devider Philippines devider National devider Finance exec against Marcos' policies; termination expected —Palace

Finance exec against Marcos' policies; termination expected —Palace

Published Sep 8, 2023 03:03 am

Malacañang has confirmed that it terminated the appointment of Finance Undersecretary Cielo Magno, saying it was "expected" as she "clearly did not support the administration and its programs."

Cielo Magno.jpg
Finance Undersecretary Cielo Magno (Photo courtesy of UP School of Economics)

Executive Secretary Lucas Bersamin disclosed Magno's termination on Friday, Sept. 8, in a statement where he justified the termination of the Finance executive.

While Bersamin did not explain further the reasons for terminating Magno's appointment, he particularly cited the Finance official's demeanor on social media, claiming she did not support the administration.

"She has been against the policies of this administration and made it known to the public on social media long before the President even assumed office," Bersamin said.

The Executive Secretary further said that "instead of working together with colleagues in the government to address any concerns, they were instead done so through public fora."

Among Magno's latest posts on Facebook was a graph depicting the law of supply and demand, which was allegedly a subtle swipe on President Ferdinand "Bongbong" Marcos Jr.'s order to set a price ceiling on rice amid the increasing cost of the commodity.

"The termination of her appointment could only be expected as she clearly does not support the administration and its programs for nation building," Bersamin said.

The Palace official also said that having Magno to still be part of the administration will be "counter intuitive."

"While we support anyone's right to free speech, it would be counter intuitive to have someone be part of the administration who was clearly set on maligning it to begin with," Bersamin said.

"We wish her all the best in her future endeavors moving forward," he added.

Related Tags

Cielo Magno Executive Secretary Lucas Bersamin President Marcos Department of Finance Resignation
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