Philippines Considers Full Suspension of LPG, Kerosene Excise Taxes Amid Oil Price Surge
Economy

Philippines Considers Full Suspension of LPG, Kerosene Excise Taxes Amid Oil Price Surge

The Philippines' Department of Finance is ready to propose a full suspension of excise taxes on LPG and kerosene to the President if Dubai crude oil prices breach a certain threshold, aiming to alleviate fuel cost burdens for citizens.

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