Govt must not resort to new, higher taxes to pay Philippines debt: senatorial candidate

MANILA (Philippine Daily Inquirer/Asia News Network): Senatorial candidate Francis Escudero (pic) is urging the national government not to resort to imposing new and higher taxes to settle the country’s debts as Filipinos are still reeling from the impact of the pandemic.

Escudero made the remark after the Department of Finance (DOF) proposed new or higher taxes to pay for the foreign debts the Duterte administration incurred to address the Covid-19 crisis.