Malacañang on Saturday mourned the death of former director-general of the National Economic and Development Authority (NEDA) Cayetano Paderanga Jr., praising his contribution to the revitalization of the economy.
The Palace did not mention the cause of death.
As of press time, the Manila Times was still trying to get confirmation of a report that Paderanga died of complications from a triple bypass surgery at St. Luke’s Medical Center Global City in Taguig.
Butch Garcia, a cousin of Paderanga’s wife, said on his Facebook page that he died on Friday at 11:55 pm.
In a statement, Palace spokesman Edwin Lacierda remembered Paderanga’s “good cheer, humble disposition and intellectual rigor that earned him the respect of so many, whether at home or abroad.”
“We mourn the passing of Cayetano Paderanga Jr., economist and public servant. During his time as NEDA chief during [the early part of the term]of President Benigno S. Aquino 3rd, he helped reinvigorate the institution which he had also headed during the term of President Corazon C. Aquino,” Lacierda said.
Paderanga was President Aquino’s NEDA secretary general since the Chief Executive assumed office in 2010; the same position he held in the Cabinet of his late mother from 1990 to 1992.
Paderanga left the government in May 2012, citing health problems.
It was under Paderanga’s watch that the Public-Private Partnership Center was established.
“Under his watch the PPP Center was established, which has played a significant role in the revitalization of the economy,” Lacierda said.
Paderanga also served as undersecretary at the Department of Agriculture and was for a time chief Philippine negotiator for the World Trade Organization.
“His institutional memory and personal integrity made him an effective undersecretary of Agriculture and chief negotiator of the country for the WTO, and earned him the respect of his peers in academe,” Lacierda added.