10 priority legislative, executive measures identified | Inquirer News

10 priority legislative, executive measures identified

/ 04:48 AM January 02, 2022

House passes bill granting tax relief to private schools

FILE PHOTO: Albay Rep. Joey Salceda

MANILA, Philippines — Several priority reforms are “ripe for picking” that would enable President Rodrigo Duterte to cap his term in 2022 on a high note, Albay Rep. Joey Salceda, chair of the House ways and means panel, said on Saturday.

These priority measures, contained in a document titled “Finishing strong, starting anew in 2022,” range from tax, investment, and agricultural reforms to improvements in universal health care and jobs creation.

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The 10 priority legislative and executive reforms that can be achieved before the president’s term ends on June 30, 2022, are:

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• economic liberalization through amendments to the Public Service Act to foster competition among industries such as telecommunications

• tax reform by amending the Real Property Valuation and Assessment Reform of the Comprehensive Tax Reform Program; financial inclusion by passing the Passive Income and Financial Intermediaries Taxation Act, and the Fair and Inclusive Credit Act to ensure even the smallest entrepreneur has access to low-interest credit

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• agriculture reform to make farms and farmers, fisheries, forestry, feeds, and fertilizers “more modern, well-supported, more viable and sustainable”

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• healthcare reform by implementing a single-record, single-patient system in Philippine Health Insurance Corp. using the national identification system and a free national telemedicine hotline to expedite triage and make primary care accessible anywhere

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• disaster risk reduction and building back better through the creation of the Department of Disaster Resilience and the crafting of a Philippines Resilient Rehabilitation and Redevelopment Program for typhoon-hit areas

• Anti smuggling reforms to combat smuggling in ecozones, illicit trade in excisable products, and to protect domestic agriculture from smuggled fruits, vegetables, and other crops

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• Corporate Recovery and Tax Incentives for Enterprises by expediting the release of the Strategic Investment Priorities Plan, or a list of industries eligible for tax incentives

• cheaper medicines by expediting importation and release of tax-exempt medicines and allowing public hospitals to make bulk purchases of medicines, and allow the health secretary to negotiate for lower prices; and

  • jobs from infrastructure by supporting the Department of Public Works and Highways’ appeal to be exempted from election restrictions.
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TAGS: Joey Salceda, Rodrigo Duterte

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