Philippines Seeks Widest Budget Gap Since 2010 With Tax CutsBy , , and
Incoming budget minister says 3% gap is comfortable target
Duterte’s government plans to cut taxes within six months
Philippine President-elect Rodrigo Duterte plans to cut income taxes and widen the fiscal deficit to the highest since 2010 as he ramps up spending on infrastructure, incoming Budget Secretary Ben Diokno said.
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