Marcos says lowering, suspending fuel tax 'depends on trends'
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Source: The Manila Times
Published: 2026-03-18 12:25 UTC+10:00
Section: General
Factuality Score: 90
Opinion Category: Neutral
Topics: Transport, Philippines, Energy, Tax & Budget, World News, Asia Pacific, Retail
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Snippet:
MANILA, Philippines — President Ferdinand Marcos Jr. on Wednesday said exercising the emergency power to suspend or reduce tax on petroleum products depends on the trends on oil prices, admitting that it is a "very complicated calculation."
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