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May 31, 2016

A Return to DBM: President-Elect Duterte offers DBM post to Dr. Benjamin Diokno

Congratulations to Manila Speak founding columnist Dr. Benjamin Diokno for being offered the Secretary post for the Department of Budget and Management.

More on the offer here.

This a post that the distinguished Professor of Economics at the University of the Philippines has held before. He was the Secretary of the Department of Budget and Management during the Estrada Administration and Undersecretary for Budget Operations during the first Aquino Administration.

Under the regime of President Corazon Aquino, Diokno was responsible for major reforms during the Freedom Constitution such as the design of the 1986 Tax Reform Program which introduced the value-added tax (VAT).

DU30_cabinet_diokno

Under President Estrada, he introduced the “what you see is what you get” or WYSIWIG Policy which simplified the system of fund release for the General Appropriations Act (GAA).

Read his column Economic Understanding here.

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