Philippines' Marcos names central bank official as next tax chief - News Summed Up

Philippines' Marcos names central bank official as next tax chief


Philippine presidential candidate Ferdinand Marcos Jr., son of late dictator Ferdinand Marcos, gestures as he speaks during a campaign rally in Quezon City, Metro Manila, Philippines. (Reuters)The president-elect of the Philippines, Ferdinand Marcos Jr, has appointed a central bank official with expertise in information technology as the next chief of the tax agency, his office said on Saturday. His family faces billions of dollars of unpaid taxes and penalties from the tax collection agency. Her strong IT background will help boost revenue through efficient tax collection, Marcos said. Marcos continues to fill his cabinet with technocrats and former ministry officials ahead of his June 30 inauguration.


Source: The Standard June 18, 2022 09:10 UTC



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