President-elect Marcos Jr's economic team preparing next steps

Filipino news, Marcos, Duterte, Philippines, Philippine economy

President elect Marcos says like the Duterte administration, he has no plans of scrapping excise tax in petroleum products Source: ACE MORANDANTE/ PRESIDENTIAL PHOTO/PCOO

President-elect Marcos Jr's economic team is looking into the next steps that will protect the country from a looming food crisis and the effects of the continued oil price increase.


Highlights
  • Marcos administration is not interested in removing excise tax on petroleum products.
  • Incoming VP and DepEd Secretary will be re-assessing the country's K-12 program.
  • President-elect Marcos is continuously selecting individuals who will serve under his Cabinet for the next 6 years.
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Among the first steps to be considered is extending support and assistance to sectors heavily affected by the oil price increase

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President-elect Marcos Jr's economic team preparing next steps | SBS Filipino