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Marcos Bats for Digital Tax, Solar Power in 8% Growth Push

President seeks moratorium on farmers’ loans, even write off
Marcos nixes any more lockdowns, vows 5% infrastructure spend

Ferdinand Marcos Jr. prepares to deliver his first State of the Nation Address on July 25. — Ferdinand Marcos Jr. prepares to deliver his first State of the Nation Address on July 25.Photographer: Ezra Acayan/Getty Images

By

Andreo Calonzo and

July 25, 2022, 8:22 AM UTCUpdated onJuly 25, 2022, 10:43 AM UTC

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Philippine President Ferdinand Marcos Jr. pushed to tax digital services, pledged to sustain robust spending on infrastructure and vowed never to enforce another lockdown to hit an 8% growth during his term.