Thursday 19 July 2018
Contact US    |    Archive
inquirer
8 days ago

PH may lose investment grade ratings, infra funds if LGUs get share from nat’l taxes

The Philippines stands to lose its investment-grade credit ratings and may have to stop construction of big-ticket infrastructure projects if the Supreme Court ruling that grants local government units (LGUs) a share from all national taxes gets implemented, Budget Secretary Benjamin E. Diokno said. As such, Diokno said they would ask the Office of the Solicitor General to file a motion seeking a reversal of the high court s decision on LGU s internal revenue allotment (IRA). Last week, the Supreme Cour

Read on the original site


هذه الصفحة هي مجرد قاریء تلقائي للأخبار باستخدام خدمة الـ RSS و بأن نشر هذه الأخبار هنا لاتعني تأییدها علی الإطلاق.
Hashtags:   

may

 | 

lose

 | 

investment

 | 

grade

 | 

ratings

 | 

infra

 | 

funds

 | 

LGUs

 | 

get

 | 

share

 | 

from

 | 
Most Popular (6 hours)

Most Popular (24 hours)

Most Popular (a week)

Categories - Countries
Philippines