Tag: Pernia

NEDA pushes measures to cushion price rise due to TRAIN, as January inflation hits 3-year record high

  (Eagle News) — The Philippine government should put in place “mitigation measures to cushion the transitory inflationary impact of the Tax Reform for Acceleration and Inclusion (TRAIN) law,” according to the National Economic and Development Authority (NEDA). This was following “recorded increases in the country’s inflation rate” this January 2018 when inflation rose to an “annualized 4 percent” — the highest since the 4.3 percent inflation posted in October 2014. NEDA, on Tuesday, February […]