Bayan Muna warns: Additional fuel tax, oil price hike may affect prices of goods

MANILA, Philippines -- The government should reconsider the imposition of additional fuel taxes, intended to fund the COVID-19 response, as a big-time oil price hike is set to be implemented this week, party-list group Bayan Muna suggested on Monday. According to Bayan Muna leaders Rep. Carlos Zarate and chair Neri Colmenares, the 10 percent increase in fuel tax, coupled with the impending oil price increase, will have an effect on basic commodities, which are transported by vehicles that use petroleum products. This in turn would impact people especially those who have been living on tight budgets since the enhanced community quarantine (ECQ) was implemented since March due to...Keep on reading: Bayan Muna warns: Additional fuel tax, oil price hike may affect prices of goods

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