This was revealed Monday by Karl Kendrick Chua, Department of Finance Undersecretary, during a radio interview.
Lawmakers expect President Duterte to certify the “sin tax” measure to avoid a two-day printing rule after its passage on second reading. Both the Senate and the Lower House have only five more days before they go on a six-week adjournment. Chua said the revenue to be collected by the House bill is P11 billion for the first year which is “too low’’ vis a vis the projected UHC expenditures.
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