Department of Economy, Planning, and Development Secretary Arsenio Balisacan (PNA photo by Yancy Lim)
Department of Economy, Planning, and Development (DEPDev) Secretary Arsenio Balisacan has expressed his readiness to submit a courtesy resignation following President Ferdinand R. Marcos Jr.’s directive to Cabinet members.
“I serve as DEPDev Secretary at the pleasure of the President,” Balisacan said in a statement. “If the President believes someone else can better advance our country’s development objectives, I am prepared to step aside and hand over the leadership.”
President Marcos appointed Balisacan to lead DEPDev, formerly known as the National Economic and Development Authority, shortly after winning the May 2022 presidential election.
Balisacan previously held the position of socioeconomic planning secretary under the administration of the late President Benigno S. Aquino III from 2012 to 2016.
