President Gloria Macapagal-Arroyo has appointed former senator Ralph Recto as the new director-general of the National Economic and Development Authority (NEDA).
Executive Secretary Eduardo Ermita made the announcement at his weekly press briefing in Malacanang.
Recto will take over the post left by Romulo Neri, who was appointed by the President as Commission on Higher Education (CHED) before he was appointed to head the Social Security System (SSS).
NEDA Deputy Director-General Augusto Santos was appointed acting director-general of NEDA until Recto’s appointment.
Recto, an economist, run for reelection in the Senate in the May 2007 senatorial elections but lost.
He is known to be the author of the Expanded Value Added Tax Law. (PIA/Bohol)
