The Department of Finance (DOF) would support the imposition of a tax on single-use plastic packaging to combat pollution.
The Department of Finance would support the imposition of a tax on single-use plastic packaging to combat pollution.
The Duterte administration had backed in Congress the passage of the bill banning single-use plastics as well as supported initiatives to replace it with new environment-friendly materials. The Waste Assessment Brand Audit 2019 report of the Global Alliance for Incinerators Alternatives also showed that the country produced daily 164 million pieces of sachets, 48 million shopping bags, 45.2 million pieces of “labo” bags.
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Continuation of fuel subsidies to be funded by windfall of fuel taxes — DioknoThe Marcos administration’s plan to continue its predecessor’s fuel subsidy program for the public transportation sector will be funded by taxes collected from petroleum products, Finance Secretary Benjamin Diokno said Wednesday.
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