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Duterte creates inter-agency board for implementing LGU reforms

By LLANESCA T. PANTI, GMA News Published April 28, 2021 6:40pm President Rodrigo Duterte  has established an Inter-Agency Governing Board (IGB) to implement local government reforms. This is provided under Administrative Order 40 issued by the President on Wednesday, April 28, which stated that the IGB will be implementing the Local Government Reform Project (LGRP) in partnership with the Asian Development Bank (ADB) to boost local government revenue mobilization through improvements on the administration and management of real property taxes. The IGB will be headed by Finance Secretary Carlos Dominguez III and will have representatives from the following entities as members: National Economic and Development Authority

Insurance industry grows by 2 83% to P1 79T as of Q3 2020 —IC

Insurance industry grows by 2 83% to P1 79T as of Q3 2020 —IC
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DOF defends Duterte s decision to reduce tariff rate, increase volume of pork imports

(MANILA BULLETIN File photo/Keith Bacongco) In a virtual presence during a public hearing by the Senate Committee of the Whole presided by Senate President Vicente C. Sotto III, Dominguez said a reduction of tariff rates is needed to allow the entry of more pork to fill up shortages of pork in the local market and to stabilize the price of pork which is too high. Dominguez heads the economic cluster of the Duterte Cabinet, which recommended the lowering of the pork tariffs contained in EO 128. The downward adjustment in tariff rates on pork was not done haphazardly, Dominguez assured senators.

Gov t urged to compromise on pork imports, tariff rates

(MANILA BULLETIN File photo/Keith Bacongco) At the Senate Committee of the Whole’s hearing on the impact of the Executive Order No. 128 on the local hog industry, Drilon raised the possibility of the Senate and the Department of Finance (DOF) arriving at a compromise by adjusting the MAV but maintaining the tariff similar to what the government achieved when rice importation was subjected to tax. The minority leader pointed out that when rice importation was tariffed, quantitative restriction was removed but tariff rates were maintained and eventually succeeded in lowering rice prices in the country by 20 percent. He told Finance Secretary Carlos Dominguez III that he believes the same can be applied on pork importation.

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