Tieza ensures Baguio funds amid travel tax abolition talks

BAGUIO CITY—Funds allocated by the Tourism Infrastructure and Enterprise Zone Authority (Tieza) for Baguio’s redevelopment have been secured despite congressional plans to abolish the travel tax, which is the agency’s primary source of revenue, Tieza Chief Operating Officer Mark Lapid said at a news conference here on Thursday. Four hundred million pesos has been reserved

By jvicente