TITLE

Tariff Cut To Dent Fiscal Results

PUB. DATE
June 2006
SOURCE
Asia Monitor: South East Asia Monitor Volume 2;Jun2006, Vol. 17 Issue 6, p1
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
The article reports on the plan of the Republic of the Philippines to reduce import tariffs on fuel to protect consumers from high oil prices. Cabinet members have already approved a cut in import tariffs on oil products to one percent which could eventually lead to an estimate of 12 billion pesos in forgone revenues. The tariff cut is expected to have an impact on the 2006 fiscal results.
ACCESSION #
20949364

 

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