Marcos certifies urgent bill to cut, suspend oil excise taxes

2026-03-12 - 09:45

MANILA, Philippines — President Ferdinand Marcos Jr. has certified as urgent a measure that would allow him to suspend or reduce the excise taxes on oil products. READ: House OKs bill suspending excise tax on fuel on second reading This will allow Congress to immediately pass a bill through the second and third readings on the same day. /das