Elections, reform fatigue seen delaying tax reforms

Dec 27, 2018 12:22 am

The midterm elections and foot-dragging could continue to delay the passage of the Duterte administration’s pending tax reform measures, Japan’s Nomura said.

“The midterms will likely pose some uncertainty to the prospects for fiscal reform through the rest of President [Rodrigo] Duterte’s administration,” Nomura said in a recent report.

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