DOF: Philippines readying tax measures to pay for COVID-19 response
Published on: Monday 21 February 2022
With only a few more months left for the current administration, Finance Secretary Carlos Dominguez III on Tuesday said the Department of Finance (DOF) is preparing its fiscal consolidation proposal which will likely improve tax hikes to repay the country’s increasing debt. Speaking before the Financial Executives Institute of the Philippines (FINEX), Dominguez said the proposal will include measures which would generate revenues for the country...