Habito: GDP target 'aggressive,' sin taxe hike needed

Posted at Mar 23 2012 03:07 AM | Updated as of Mar 23 2012 11:07 AM

Former National Economic Development Authority head Cielito Habito told Business Nightly's Coco Alcuaz that the government's growth targets are "aggressive" but achievable, citing private investment and FDI approvals.

He said the government must raise revenue to fund spending and needs to target cigarette and alcohol taxes if it doesn't want to raise the VAT anew.

Business Nightly airs weeknights at 9 on ANC.