President Ferdinand R. Marcos Jr. has formally appointed veteran fiscal expert Rolando Toledo as acting secretary of the Department of Budget and Management (DBM).
He took his oath of office on December 9, 2025, at Malacañan Palace.
“I thank President Bongbong Marcos for the trust he has placed in me. I take on this role fully aware of its weight, and I will repay his confidence with honest, tireless service for the Filipino people,” Toledo said.
A dedicated career public servant for nearly four decades, Acting Secretary Toledo is entrusted with the country’s budget stewardship. He began his career at the DBM in 1987 as an Accounts Analyst and steadily rose through the ranks.
Within government, Toledo is widely recognized as a champion of Open Government, having played a key role in advancing transparency, accountability, and citizen participation through the Philippine Open Government Partnership, where he previously served as head of the Secretariat.
A Certified Public Accountant, Toledo graduated from the University of the East, completed advanced studies in Development Economics at the UP School of Economics, and earned his Master in National Security Administration from the National Defense College of the Philippines in 2024.
“To the Filipinos we serve, we give our firm assurance that every peso of the national budget will be translated into real, felt results—jobs created, classrooms built, medicines delivered, and communities strengthened. Especially in uncertain times, we commit to moving faster and fairer so that public resources reach those who need them most,” he stated.
He likewise expressed his gratitude to the entire DBM workforce for their continued professionalism and dedication, stressing that the Department’s strength lies in the people who work quietly and faithfully behind every national program and project.
Toledo’s designation reinforces the government’s commitment to managing public funds with discipline, integrity, and urgency—so that every peso truly serves the Filipino people.
