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Friday, March 29, 2024

Dominguez pushes revenue package

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Finance Secretary Carlos Dominguez III has pushed for the passage of the proposed comprehensive tax reform program of the Duterte administration to enable the government to pursue its ambitious “Build, Build, Build” infrastructure program consisting of some 75 major flagship projects.

“It is important, to be sure, that the tax reform program be passed as soon as possible. Tax reform will give us the fiscal space to pursue the expansionary measures,” Dominugez said in a videotaped message to the Economic Journalists Association of the Philippines during the group’s forum.

“Without the additional revenues the reform package will bring, we cannot fully pursue the infrastructure program,” the Finance chief said.

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