House grants Marcos power to ease fuel taxes

Measure requires Senate approval before becoming law Marcos can suspend taxes if oil prices hit $80 per barrel for 1 month Philippines seeks Russian oil imports amid Middle East conflict MANILA — The Philippine lower house of Congress on Monday granted President Ferdinand Marcos Jr. authority to temporarily suspend or reduce excise taxes on fuel to stabilize […] The post House grants Marcos power to ease fuel taxes appeared first on Interaksyon.