Palace: Resigned Finance exec 'clearly set on maligning' Marcos administration

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MALACAÑANG: on Friday justified the 'termination' of the appointment of Finance Undersecretary Cielo Magno, salleging that she was 'clearly set on maligning' the Marcos administration. Magno announced her resignation Thursday, days after posting on social media a graph representing the law of supply and demand.

'The termination of her appointment could only be expected as she clearly does not support the administration and its programs for nation building,' Executive Secretary Lucas Bersamin said in a statement.'While we support anyone's right to free speech, it would be counter intuitive to have someone be part of the administration who was clearly set on maligning it to begin with. We wish her all the best in her future endeavors moving forward,' he added.

'Instead of working together with colleagues in the government to address any concerns, they were instead constantly done so through public fora,' he said.Before quitting her post, Magno also led discussions on reforming the military and uniformed personnel pension system, and had pushed for higher tax on mining.

 

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