
| FINANCE Secretary Jose Isidro Camacho announces his resignation at a press conference in Manila, 21. Camacho, 48, a respected former private banker and the most senior economic adviser to President Gloria Arroyo did not cite any particular reason for his resignation, to be effective 30 November, but said that "frustration comes with the job." AFP PHOTO |
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MANILA -- President Arroyo Friday accepted the irrevocable resignation of Finance Secretary Jose Isidro Camacho, who has long expressed his desire to return to the private sector.
Presidential chief of staff Rigoberto Tiglao said Camacho would have bowed out of office in July but was prevailed upon to stay due to the Oakwood mutiny of July 27.
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