Philippine Officials Defend Fuel Tax Stance and Subsidy Program
Philippine economic managers defended the government's decision to limit or not fully suspend excise taxes on fuel, while also discussing the implementation and potential expansion of a fuel subsidy program.
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Solon asks: Was Congress used as ‘props’ for excise tax suspension?
MANILA, Philippines — A lawmaker has questioned whether the House of Representatives was used as “props” for the administration’s fuel excise tax suspension plan, as the chamber rushed to approve a bill yet the executive imposed it only for kerosene and liquified petroleum gas (LPG). During the hearing of the House of Representatives’ Legislative Energy and
By mareyes
Read full article →Economic managers defend non-suspension of fuel tax
Suspending the excise tax on diesel and gasoline is unlikely to provide meaningful respite as it would mostly benefit the rich, economic managers said, as they vowed to continue providing targeted relief to sectors reeling from the impact of the Middle East conflict.
By Alexis Romero
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