No, I probably wouldn't. I don't trust any government party to determine the objective truth. Think about what you are advocating; you want to give the government power to erase content they claim is wrong. "You claim Duterte advocated extrajudicial hit squads? That's libel, take it down. Or else."
There's plenty of established precedent for this, and of course a head of state would qualify as a public figure under any libel or slander claim. I am strongly in favor of the first amendment, and would be opposed to prior restraint. None of those things have anything to do with the example I gave however.