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PNOY’s take on Abad’s resignation

President Benigno Aquino III and Budget Secretary Butch Abad

PNOY’s response on Budget Secretary Florencio Abad’s resignation, delivered during the Budget Presentation at the Aguinaldo State Dining room on July 11, 2014.

“Good morning everyone. Yesterday Secretary Abad gave me a letter tendering his resignation from the Cabinet and I have considered the same and I have decided not to accept his resignation and let me explain why.

In the notion in the current atmosphere is DAP was bad for our people. Even our most vociferous critics’ grant that DAP has benefited our people. To accept his resignation is to assign to him a wrong and I cannot accept the notion that doing right by our people is a wrong. Therefore, I have decided not to accept his resignation and I think the whole Cabinet should be made aware of this.”

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