Ex-govt executives, experts support Create

The proposed Corporate Recovery and Tax Incentives for Enterprises (Create) Act has earned the support of former government officials, state bankers and other experts.

In a June 3 statement shared by the Department of Finance, former finance and socioeconomic planning secretaries and economists said they support “the immediate passage” of Create “as a much-needed boost to the recovery of the Philippine economy, and as a necessary policy tool for retaining and creating jobs that will help our people secure their livelihoods against the adverse impacts of Covid-19 (coronavirus disease 2019).”