08 November 2021 / 05:16 PM
Definitely, amendments will be introduced at least from my end. Base pa lamang sa mga committee hearings na nadaluhan ko, meron na agad na mga issues na dapat suriin pang mabuti sa plenary debates.
We cannot overemphasize the importance of the budget for 2022, because it will be the first for the new administration as it faces humongous problems - including the heavy task of leading the nation to recovery from the effects of the pandemic.
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The TRAIN Law that we passed a few years ago provides that the Department of Finance (DOF) may suspend the implementation of the increase of the excise tax on fuel upon the recommendation of the Development Budget Coordination Committee (DBCC) under certain conditions.
I wish to thank the Financial Executives Institute of the Philippines (FINEX), together with the Federation of Filipino-Chinese Chambers of Commerce and Industry, Inc. (FFCCCII), Cignal, and The Manila Times, for the opportunity to be the first in line to present my economic platform in your Presidential Forum.
To all the members of the Joint Foreign Chambers of the Philippines (JFC), the business and industry experts, diplomats, government officials, members of the press, and to everyone who made the 10th Arangkada Philippines Forum possible, I am truly honored to join you in this virtual event today.
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