The Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) extends its heartfelt congratulations to Deputy House Speaker Ralph G. Recto on his designation as the Secretary of Finance by President Ferdinand "Bongbong" R. Marcos, Jr.
FFCCCII President Cecilio K. Pedro issued the congratulatory statement following Vilma Santos, Recto's wife, confirming her husband's appointment as as new finance chief over TV program 24 Oras. Senate President Miguel Zubiri also issued a congratulatory statement, welcoming Recto's appointment. There has been no official statement yet from Malacanang although the Presidential Communications Office is scheduled to hold a press briefing tomorrow, Jan. 12.
In its statement, FFCCCII cited Recto as a seasoned legislator with a wealth of experience and an impeccable track record of exemplary public service, both within the hallowed halls of the Senate and the House of Representatives.
"His prolific authorship of numerous legislative measures, enacted into law, significantly addresses economic and fiscal reforms, and the vital cause of poverty alleviation," said the statement.
The Filipino-Chinese business group said they eagerly anticipate fostering a collaborative relationship with the national government, championing unceasing reforms to invigorate the Philippine economy—making it dynamic, productive, progressive, and globally competitive, all for the welfare of the people.
In the same breath, FFCCCII extends its sincere gratitude to the outgoing Finance Secretary, Dr. Benjamin E. Diokno. "His enduring commitment and stellar track record in various pivotal government positions, such as Finance Secretary, Budget Secretary, Governor of Bangko Sentral ng Pilipinas, and other critical roles, coupled with his previous role as a distinguished economics professor at the University of the Philippines, deserve our commendation. We recognize and salute his patriotism, sagacity, and enlightened stewardship," the statement added.
"To both leaders, we express our wishes for continued success in their respective endeavors," the statement concluded.