The Philippine Department of Finance (DOF) and the Bureau of the Treasury have been strengthened with the appointment of seasoned economists to key positions, aiming to consolidate finances and foster inclusive growth. President Marcos has officially appointed Sharon Almanza as National Treasurer, following her interim role. Rolando Tungpalan, previously with NEDA, and Joven Balbosa, with experience at the Asian Development Bank and World Bank, have been appointed as undersecretaries at the DOF. Gerald Alan Quebral, with a background in revenue operations and tax reform oversight, joins as assistant secretary for the Revenue Operations Group. These strategic appointments are part of the government’s efforts to steer the economy towards sustainable development under the guidance of Finance Secretary Ralph Recto.