After Negative Feedback to Yasay’s Appointment, Tetangco to Retain Central Bank Post?

Current Bangko Sentral ng Pilipinas (BSP, Philippine central bank) governor Amando Tetangco Jr. has reportedly been asked to serve a third six-term as head of the agency. He has already served two terms, and while the law does not permit a third term, Congress is said to be willing to make amendments if Tetangco accepts the offer. The report comes after a rumor was floated that Foreign Affairs secretary Perfecto Yasay would take over the post. Yasay is believed to only be warming the foreign affairs seat for Sen. Alan Cayetano,…

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