MANILA — In a recent statement, the Philippine Stock Exchange, Inc. (PSE), expressed strong confidence in Finance Secretary Ralph Recto’s ability to propel the country’s economic growth and enhance investor confidence.
The board of directors and management of PSE extended their congratulations to Recto on his appointment and conveyed full support and best wishes for his new role.
“We congratulate Ralph G. Recto on his appointment as secretary of the Department of Finance,” stated PSE. “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.”
Recto, a former deputy speaker and Batangas representative, officially assumed the role of Finance chief on Friday. The PSE anticipates that his leadership will contribute to introducing necessary reforms and fostering the growth of the Philippine capital market.
This positive outlook from the PSE underscores the significance of Recto’s appointment in shaping the country’s economic landscape and boosting investor confidence.
(By el Amigo/MNM)
