Out is out for Magno
Previously, Magno claimed she was “forced to resign” but did not provide details on why she was booted out.
Daily TribunePreviously, Magno claimed she was “forced to resign” but did not provide details on why she was booted out.
Fired, forced to resign, or her term was allowed to expire. Each of the three scenarios would have had the same effect — Cielo Magno is out as Finance Undersecretary for the Fiscal Policy and Monitoring Group.
On Friday morning, Executive Secretary Lucas Bersamin said Magno was "terminated" as she was "clearly maligning" the Marcos government with her critical social media posts.
"While we support anyone's right to free speech, it would be counter-intuitive to have someone be part of the administration who was clearly set on maligning it to begin with," Bersamin said.
He wished Magno "all the best in her future endeavors moving forward." Initially, Magno's departure from government was announced for 16 September.
But late yesterday, Magno said the "expiration" of her term as an official at the Department of Finance would take effect immediately. In a Facebook post, Magno said her tenure had "expired."
"Someone has won already. It's not a resignation or termination. It turns out that 'expiration' is the correct term," Magno said in her post. "Thank you very much. It was an honor to serve the country."
"I will be able to sleep soundly knowing that I did my best in serving our nation and in advocating for the welfare of our people," she added.
Previously, Magno claimed she was "forced to resign" but did not provide details on why she was booted out. Her social media posts have been monitored by the Palace since 1 September, according to Daily Tribune sources.
Demand, supply
Magno had posted a cryptic post on 7 September showing a "demand and supply" graph and the statement, "I miss teaching."
She posted the graph two days after President Ferdinand Marcos Jr. issued Executive Order 39, which set a rice price cap of P41 for regular and P45 for well-milled rice.
Magno's graph illustrated how implementing a rice price ceiling would result in greater demand and further reduce supply, seemingly undermining the support of her boss, Finance Secretary Benjamin Diokno, for EO 39.
Last Thursday, Magno said she would teach at the University of the Philippines School of Economics following her stint at the DoF.
Magno was involved in restructuring the pension system for military and uniformed personnel at the DoF.
