DOF: Price cuts due to fuel tax law felt by mid-April

2026-03-26 - 21:31

MANILA, Philippines — The administration could suspend or reduce the excise on fuel as early as April 12, with the Development Budget Coordination Committee (DBCC) set to make this recommendation to President Ferdinand Marcos Jr. next week, a Department of Finance (DOF) official said. Finance Undersecretary Karlo Fermin Adriano on Thursday told a newly formed