MANILA (AFX-ASIA) – Finance Secretary Jose Isidro Camacho said he is opposed to transport groups’ proposals to suspend the 3% duty on imported petroleum. “I am not in favour of the proposed suspension because of its significant impact on our revenue collection,” he said. The transport sector had lobbied for the suspension of the tax…
PHILIPPINES: Finance department opposes Energy department’s call for suspension of oil import duty
Posted on February 17, 2003 by EnergyAsia