Gov’t revenue seen taking hit from House capital reform bill
THE Department of Finance (DoF) said on Monday that the House of Representatives version of a capital markets reform bill could result in a P140 billion reduction in government revenue over four years, further limiting the fiscal space available. Finance Assistant Secretary Karlo Fermin S. Adriano said the DoF is open to cutting stock transaction […]
Tomas Kauer - News Moderator 
THE Department of Finance (DoF) said on Monday that the House of Representatives version of a capital markets reform bill could result in a P140 billion reduction in government revenue over four years, further limiting the fiscal space available. Finance Assistant Secretary Karlo Fermin S. Adriano said the DoF is open to cutting stock transaction […]
