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On the proposal to push through with second round of oil excise tax hikes

Bam Aquino to Duterte: Listen to the people, not your economic managers

/ 07:53 PM November 29, 2018

“Huwag naman sana silang paasa.”

Senato Bam Aquino aired this sentiment following the decision of the country’s economic managers to recommend to President Rodrigo Duterte the continuation of the second round of fuel excise tax increases.

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READ: DBCC back-pedals, now OKs higher fuel excise taxes in 20l9

“Doble ang sakit pag atras-abante ang administrasyon sa kanilang mga pangako,” Aquino said in a statement on Thursday.

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“Sana huwag na bawiin ng Pangulo ang suspensyon at hindi na rin gatungan ang buwis sa petrolyo,” he added.

Earlier, the President approved the proposed suspension of the second round of oil excise tax increase.

 

READ: Palace confirms suspension of oil excise tax hike

This, after economic managers recommended the suspension to help tame the soaring prices of commodities after inflation clocked in at a new nine-year high last September.

Aquino urged the President to listen to the wish of the Filipino nation and not the recommendation of the economic managers.

“Ang hiling dapat ng taumbayan, hindi ng DBM (Department of Budget Management, ang dinggin ng Malacanang, lalo na ngayong Kapaskuhan,” the senator said.  /muf

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