NEDA chief resigns over ‘differences’ with Cabinet

April 17, 2020 - 3:37 PM
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NEDA chief Ernesto Pernia: The industry outlook for the first quarter remains optimistic as improvement in production capacity, new product lines and enhanced marketing strategies are anticipated to increase both production and sales.(Reuters file)

MANILA— Philippine Economic Planning Secretary Ernesto Pernia said on Friday that he had resigned, citing personal reasons and “differences” with some cabinet officials.

His resignation comes as the Philippines economy, usually among Asia’s fastest-growing nations, is expected to slow sharply or contract this year due to economic and health impact of coronavirus pandemic. There was no immediate comment from the president’s office. —Reporting by Karen Lema; Editing by Toby Chopra