Administration’s Economic Measures Not Moving in Congress

President Rodrigo Duterte’s hands-off policy with regards the economy may be taking its toll, as Congress has tackled none of the measures being pushed by his team. These include the tax reform packages, budget reform, resizing of bureaucracy, and amendment of the anti-money laundering law. Instead, the House has pushed a sin tax proposal that would generate even less revenues and would kill off a reform law signed during Aquino’s term. Reforms are needed as revenue collection has slowed down and interest rates are…

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