MANILA – The Philippine Stock Exchange, Inc. (PSE) on Sunday said it is confident that Finance Secretary Ralph Recto’s leadership will accelerate the country’s economic growth and boost investor confidence.
“The board of directors and management of [PSE] congratulate Ralph G. Recto on his appointment as secretary of the Department of Finance,” it said in a statement.
“We extend our full support and best wishes to Secretary Recto on his new role and look forward to working with him in introducing reforms to further develop the Philippine capital market,” the PSE added.
Recto, a former deputy speaker and Batangas representative, took his oath as Finance chief on Friday, Benjamin Diokno, who will return to the Central Bank as a member of the Monetary Board.
