But the greater relative burden on economic recovery falls on the nation with a relatively larger population to support. My disappointment in the last SONA was in the failure to give it the prior importance that it occupies in the economic recovery effort. The CREATE reform extends the early successful effort of the Duterte government to secure the TRAIN fiscal reform, which addressed the sales and the personal income tax systems. The CREATE fiscal reform constitutes the lynchpin of an aggressive effort to support the recovery. It is needed as a vote of confidence to enable the international development community to perceive that the political will is there to support economic recovery.

Source: Philippine Star August 04, 2020 15:56 UTC