Press Release

Salceda: Ease of Paying Taxes, “most pro-taxpayer reform” to be ratified today; House tax chair touts easier tax processes, OFW exemption from tax filing

House Ways and Means Chair Joey Sarte Salceda (Albay, 2nd district) says that the Ease of Paying Taxes Law will be ratified by the House and Senate today, and sent to President Marcos for enactment. The measure, which Salceda calls “the most pro-taxpayer reform in decades” will be approved by both Houses after the bicameral […]

Read More
Salceda says Congress to ratify PPP Code; House introduces “innovations” to boost green projects, ODAs, and returns of PPP projects to government

House Ways and Means Chair Joey Sarte Salceda (Albay, 2nd district) says that he proposed amendments to the Public-Private Partnership Law which he says the Congress will likely ratify “later today.” The amendments Salceda introduced include provisions to encourage green financing, allowing commercial involvement in Official Development Assistance for PPP projects, and boosting the returns […]

Read More
On the passage of the MUP Pension Reform Act

I thank the economic managers and the MUP agencies for the support they extended in defending this measure. The MUP agencies are already very happy with this reform which also significantly improves our fiscal position. It also makes the fiscal risks of the MUP pension system very predictable. We satisfied the three guarantees we gave […]

Read More
Salceda: “Marcos rice price gambit works” as a signal to the global markets

House Ways and Means Chair Joey Sarte Salceda (Albay, 2nd district) says he supports the setting of a rice price ceiling “as a signal against potential price manipulation and hoarding in the domestic rice market” and that “it worked” as a signal to the global market. “It’s a gambit that worked with the global rice […]

Read More