The Duterte administration would push for higher excise taxes on fuels, noting that it is now the right time for such a move with oil prices remaining low, says the Finance Secretary Carlos Dominguez 3rd.

“Yes, yes. We have to, because that thing . . . was set in 1997 . . . ,” Dominguez told reporters when asked about the possibility of higher excise taxes on gas, diesel and other oil products under the new administration.

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