DoF prepares fiscal recovery plan for next admin

By Mayvelin U. Caraballo

Jul 28, 2021 1:04 am

Finance Secretary Carlos Dominguez 3rd said his department is working on a fiscal recovery plan that could be implemented by the next administration.

'Our department is now preparing our plans for the next administration to possibly adopt, and that will require certain measures, probably increased taxes ... probably reduce some expenses that are unnecessary,' he said in a television interview following President Rodrigo Duterte's final State of the Nation Address (SONA) on Monday.

Finance Secretary Carlos Dominguez 3rd. TMT File photo

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

BSP seen cutting just twice this year

Land ownership in agri population low, unequal

Remittances slip to $3.12B in Nov

PH economy to weather global headwinds – Moody's

PH banks' bad loan ratio eases from two-year high

AI not a threat, but a tool, says MVP

DTI suspends 14 vape makers, importers for negligence