Manila, Philippines - Republic of
PHILIPPINE PRESIDENT ESTRADA LEADS THE OATH-TAKING OF NEW FINANCE SECRETARY JOSE PARDO.
Philippine President Joseph Estrada (L) swears in new finance secretary Jose Pardo at the presidential palace in Manila January 8. Estrada said he was shelving his pet project of amending the constitution to bring in more foreign investment due to sharp public opposition. Pardo, a former Trade Secretary replaced Edgardo Espiritu who resigned on Wednesday.