A newly launched fuel marking program could generate as much as P40 billion in revenues during the first year of implementation, a Finance department official said on Wednesday.
“Estimates actually varied. The Asian Development Bank estimated around P20 billion but a separate consumer group estimated P40 billion. So we are hoping to capture ... as high as P40 billion and possibly the lowest at P20 billion,” Finance department director Emee Macabales told reporters.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.