Salceda recommends 6-month fuel excise tax reduction on diesel, kerosene, and gasoline; House tax chair wants price monitoring to ensure reduction is reflected in retail prices
Salceda supports IATF move to study incentives for vaccination; House tax chair says LGUs may need help with vaccination scheduling and database keeping, asks government to buy brands “with popular demand” to ramp up vax uptake
Salceda says quick budget approval ‘now up to the Senate;’ Top House budget official tamps down possibility of “reenacted budget;” wants Senate to maximize impact of 2022 budget on growth by passing key reforms
Salceda says renewable energy portfolio expansion ‘crucial’ as energy reserve thins over Luzon; House tax chair says RE to help stem ‘uncompetitive practices’ in power generation; House tax chair proposes inter-agency ‘Energy Investments Review Board’ instead of separate agencies processing separate applications
Salceda tells government to keep guards up as China experiences growth slowdown, sees massive real estate insolvencies; House tax chief says opening the economy to investments, contingency plan crucial to insulating PH from spillover effects
