Rodrigo Duterte’s Finance Chief Seeks to Spread the Wealth in the Philippines – Wall Street Journal

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MANILA—The Philippines’ new finance secretary appointed by the hard-nosed incoming president, Rodrigo Duterte, has vowed that the new government won’t destroy the economic gains of the outgoing Aquino administration, but will work to spread them to ordinary Filipinos.

“We are here to build on, not destroy, those gains,” said Carlos Dominguez, who last served as minister two decades ago. He currently owns the Marco Polo Hotel in…

Rodrigo Duterte’s Finance Chief Seeks to Spread the Wealth in the Philippines – Wall Street Journal}