MANILA, Philippines — President Duterte will sign into law the 2018 national budget and the tax reform measure tomorrow, Malacañang confirmed over the weekend. Presidential Communications Operations Office Secretary Martin Andanar yesterday said the ceremonial signing of the budget and the tax reform measure would be held at 2 p.m. in Malacañang Palace. As required by the 1987 Constitution, the education department will get the lion’s share of the budget with P553.3 billion. Headlines ( Article MRec ), pagematch: 1, sectionmatch: 1The tax reform package or the Tax Reform for Acceleration and Inclusion (TRAIN) bill, meanwhile, aims to generate additional revenues to fund the government’s ambitious infrastructure program. The tax reform is expected to generate P130 billion in additional revenues.

Source: Philippine Star December 17, 2017 16:18 UTC