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January 7, 1970




January 7, 1970

Have just decided to appoint Greg Licaros as Central Bank governor. When I told Danding Romualdez and Bobby Benedicto of this, Danding suggested I appoint Deputy Gov. Briñas as Acting Governor instead. Danding seems to want to be governor.

First cabinet meeting this morning.

Fiscal policy committee meeting.

Gift from the Belgian ambassador and [his] lady.

Am reviewing our policy on counter-insurgency. Tomorrow I meet the military.

I must activate the Edcor and resettlement farms and the Psywar as well as the military legal and MIS concepts.