Economic team backtracks on recommendation to suspend fuel excise tax

ABS-CBN News

Posted at Nov 29 2018 10:56 PM

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The country's economic managers took back their earlier recommendation to suspend the second tranche of fuel excise tax next year. They insisted that with world oil prices falling, the planned suspension of fuel tax hikes would be unnecessary. Warren de Guzman reports. - Business Nightly, ANC, November 29, 2018