
MANILA -- Philippine President-elect Ferdinand Marcos Jr. on Thursday named an experienced economic team as the fast-recovering nation grapples with accelerating inflation and ballooning government debt.
The incoming leader, whose landslide election victory was confirmed the previous day, signaled policy continuity by picking central bank Gov. Benjamin Diokno as his finance secretary. Incumbent monetary board member Felipe Medalla will assume Diokno's post until his term expires in July next year.