coronavirus
pandemic and the economy freedives into a recession. He will now play an important role in how businesses and the economy will adjust to the new normal. Prior to the surprise appointment, the 41-year-old was the chief economist of the Strategy, Economics, and Results Group of the Department of Finance. The group is responsible for giving advice to the economic team and working on the fine print of key reforms from planning to implementation.Chua helped craft and fiercely defended the controversial tax reform for acceleration and inclusion or the. The law decreased personal income taxes, but raised excise tax on sweetened beverages and fuel.
He said in previous interviews that the law gave people more disposable income to spend and lifted many out of poverty. Critics have repeatedly called for the
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