Philippines uses oil tax revenues as subsidies for poor
July 15, 2008
Philippine President Gloria Macapagal-Arroyo said Tuesday that revenues collected with “tough” measures from the country’s tax on oil would go to the poor people to alleviate the impact of rising prices.The President said that four billion pesos (88.5 mill…
Most Commented Posts
We love to hear your comments...
Got something to say?

