Re: PCC Chairperson Balisacan’s Acceptance of Nomination as Next NEDA Secretary
23 May 2022


Upon the invitation of presumptive President Ferdinand Marcos, Jr., I have decided to help meet the challenges of the economy as Secretary of the National Economic and Development Authority (NEDA) in this important period of our economic history. 

After over six years leading the Philippine Competition Commission (PCC), I will join the new Cabinet, mindful of the immense work needed to accelerate economic recovery and post-recovery development.  

In returning to a post I have previously held, we rely on experience and judicious reckoning of socioeconomic issues to build stronger foundations for a more robust, more inclusive, and more resilient Philippine economy. 

My tenure as pioneer Chairperson of the country’s competition authority has been most fulfilling, especially in building the agency from scratch. I am honored to have spent this time with highly capable and dedicated people. 

In fulfilling this new role, I look forward to working with the economic team and the private sector to bring back the country to its pre-pandemic high-growth trajectory, deliver rapid poverty reduction, and reduce socioeconomic inequality.