Marcos may order fuel excise tax cut, suspension by April 12 or 13

2026-03-26 - 07:20

MANILA, Philippines— President Ferdinand Marcos Jr. may order the suspension or reduction of excise taxes on petroleum products by April 12 or 13, an official of the Department of Finance (DOF) told senators on Thursday. DOF is part of the Development Budget Coordination Committee (DBCC) tasked to make recommendations to the president to either suspend