'No plans' for new taxes

'No plans' for new taxes – Recto

Jan 25, 2024 12:40 am

NEW taxes are not on the new Finance secretary's agenda and the government will instead focus on improving revenue collections to help fund its spending needs.

'Inflation is high ... and when you impose taxes, that is also inflationary,' Finance Secretary Ralph Recto told reporters on Wednesday during a briefing at the Bureau of Customs (BoC).

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