(Eagle News) — President Rodrigo Duterte has vetoed a bill that would create the Regional Investment and Infrastructure Coordinating Hub of Central Luzon. In rejecting the bill, Duterte noted several provisions which he said would “pose substantial fiscal risk to the country and are thus inimical to its economic growth” if implemented. He noted the effect of the bill’s provision on incentives on the tax base. “A key to lasting economic development is a tax system […]