The government should “seriously consider” suspending the excise taxes on petroleum products amid the implementation of big-time price hike, Senator stgatchalian said Monday.
The government should “seriously consider” suspending the excise taxes on petroleum products amid the implementation of big-time price hike, Senator Sherwin Gatchalian said Monday.
According to the senator, suspending excise taxes on fuel will bring down the gasoline retail prices by P11.20 per liter and diesel prices by P6.72 per liter. He also called on the administration to immediately release the P2.5 billion funds for the Pantawid Pasada program and the P500 million fuel subsidy for the farmers under the 2022 national budget.pushed for the suspension of excise taxes on fuel productsAlbay 2nd District Representative Joey Salceda on Monday also prodded President Rodrigo Duterte to call for a Congress special session in view of the continuous increase in fuel prices.
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