Manila, Nov. 18 -- The appointment of new officials to the Cabinet is expected to further boost the government's bid for fiscal management and stability, among others, ensuring economic growth.

This follows Malacanang's announcement about former Finance Secretary Ralph Recto's new position as Executive Secretary in lieu of former Secretary Lucas Bersamin, and Secretary Frederick Go, as new Department of Finance chief, from being the Special Assistant to the President for Investment and Economic Affairs.

The new appointments were made after President Ferdinand R. Marcos Jr. accepted the resignations of Bersamin and Department of Budget and Management (DBM) Secretary Amenah Pangandaman, who was replaced by DBM officer-in-charge Rolando To...