National Economic and Development Authority

MANILA (October 19) -- Socioeconomic Secretary Ernesto Pernia favors that the petroleum tax hike scheduled for next year push through, after the latest report on oil futures forecast a softening of oil world crude prices in 2019. “Maybe, it’s better if we don’t suspend it. We really have to study it seriously first,” he told reporters Thursday on the sidelines of the … [Read more...] about Pernia: Scheduled hike in fuel tax should push through