Escudero asks Duterte to reconsider implementation of second tranche of fuel excise tax 19 SHARES Share it! Share TweetBy Hannah TorregozaSenator Francis “Chiz” Escudero has filed a resolution asking the President Rodrigo Duterte to reconsider the implementation of the second tranche of excise tax on fuel. 964, said it is best to suspend the implementation of the scheduled excise tax increase in January 2019, before it directly affects Filipinos thru an uncontrollable inflation. Senators had earlier vouched for President Duterte’s promise to temporarily suspend the second tranche of the fuel tax rate increase if the price per barrel would hit $84—a mitigating measure provided for under the train law. However, the Palace on December 4, announced that the government would proceed with the implementation of the second tranche of fuel tax increase beginning next year.

Source: Manila Bulletin December 05, 2018 10:07 UTC