Statement on the signing into law of Republic Act No. 12316, allowing the President to reduce or suspend excise taxes on petroleum products
I voted a resounding “yes” and even co-authored this urgent measure when it wasdeliberated in the Senate. The President’s move shows a genuine commitment to help ease the burden of the Filipino people amid skyrocketing fuel prices. Lahat tayo ay apektado ng patuloy na pagtaas ng presyo ng langis—at kasunod nito, ang pagmahal ng mga…
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