Fresh appointments have been declared for pivotal roles in national treasury and DOF

In a bid to fortify fiscal management, President Marcos has appointed seasoned economists to key positions within the Department of Finance (DOF) and the Bureau of the Treasury. This strategic move aims to enhance financial consolidation and foster inclusive growth under the guidance of Finance Secretary Ralph Recto.

Sharon Almanza, previously serving as officer-in-charge, now officially assumes the role of national treasurer, bringing nearly six months of interim leadership experience to the position.

Joining the DOF are distinguished individuals such as Rolando Tungpalan, who takes on the role of undersecretary for the Corporate Affairs and Strategic Infrastructure Group. With extensive experience, Tungpalan previously chaired technical boards at the National Economic and Development Authority (NEDA), showcasing his adeptness in investment coordination and infrastructure development.

Joven Balbosa, another notable addition to the DOF, steps in as undersecretary for the International Finance Group. His rich background as a former adviser at the Asian Development Bank and economist at the World Bank underscores his expertise in macroeconomics and country strategy formulation.

Gerald Alan Quebral assumes the role of assistant secretary for the Revenue Operations Group, tasked with ensuring the government’s adherence to annual revenue collection targets. With a wealth of experience, Quebral’s previous roles include executive directorship at the Congressional Oversight Committee on Comprehensive Tax Reform Program and nearly two decades of service in various capacities within the Bureau of Internal Revenue.

Business News: Fresh appointments have been declared for pivotal roles in national treasury and DOF