Philippines’ Balisacan to join Marcos cabinet as economic planning minister

Philippine president-elect Marcos Jr. holds news conference in Mandaluyong City

MANILA (Reuters) – Arsenio Balisacan, the chief of the Philippines’ anti-trust agency, said on Monday he had decided to accept an offer to be economic planning minister in the cabinet of incoming president Ferdinand Marcos Jr.

Balisacan is the first candidate to confirm they would join Marcos’s economic team.

“I will join the new cabinet, mindful of the immense work needed to accelerate economic recovery and post-recovery development,” Balisacan said in a statement.

(Reporting by Neil Jerome Morales; Editing by Martin Petty)

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