Passage of tax reform measures to promote PH as viable investment niche – Romualdez 0 SHARES Share it! Share TweetBy Charissa Luci-AtienzaHouse Majority Leader and Leyte Rep. Martin Romualdez expressed confidence on Sunday that the Lower Chamber’s passage of tax reform measures would further promote the Philippines as a viable investment niche. He said the approval of President Duterte’s tax reform packages would help the country achieve “A” credit rating before the Chief Executive steps down and leaves Malacañang in 2022. “We immediately passed on third and final reading bills under the Comprehensive Tax Reform Program (CTRP) to help reach the A credit rating goal of the Duterte administration. The former bank executive attributed the Philippines’ credit rating upgrade to BBB+ to the surging economy.
Source: Manila Bulletin October 20, 2019 07:41 UTC