You are here

Duterte plans wider Philippine deficit in fiscal reversal

Friday, June 3, 2016 - 05:50

BT_20160603_KVPHIL3_2316030.jpg
Mr Duterte, a firebrand mayor who won support with promises to fight crime and fix transport bottlenecks, has pledged to reform the nation's tax regime.

Manila

THE incoming administration of Philippine President-elect Rodrigo Duterte signalled its willingness for looser fiscal policy and higher borrowing as it seeks to ramp up spending on infrastructure and cut taxes.

Ben Diokno, who will be Mr Duterte's budget secretary when the

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom