MANILA, Philippines — President Ferdinand Marcos Jr. abolished the Office of the Special Assistant to the President for Investment and Economic Affairs, transferring its power, duties and functions to the Office of the Executive Secretary (OES), Malacañang said Thursday.
The President, through Acting Executive Secretary Ralph Recto, signed Executive Order 108 on Jan. 26, 2026, streamlining the Office of the President’s initiatives on investment and economic affairs to strengthen the monitoring system and promote a comprehensive approach to address economic challenges.
“There is a need to further streamline the initiatives of the OP on investment and economic affairs to further establish a robust monitoring system and ensure a more holistic and cohesive approach to address the diverse economic challenges currently confronting the nation,” the President said in his order.