Philippines: Government to slash non-infra budget after oil tax freeze
The government may reduce its non-infrastructure spending, once it suspends the second tranche of oil excise taxes, Finance Secretary Carlos Dominguez III said Monday.Dominguez, who leads the inter-agency Development Budget Coordination Committee, said cutting non-infra spending would be an option while the DBCC was looking for contingency measures so that infrastructure spending would not be affected by the […]
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