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Palace vows passage of tax measures.
(From Philippine Daily Inquirer)
Byline: Gil C. Cabacungan Jr. and Michelle V. Remo
MALACAYENANG yesterday assured foreign investors that President Macapagal-Arroyo was aggressively pushing for the passage of at least two tax revenue measures before the year ends.
The Palace issued the statement in response to international credit-risk watcher Standard and Poor's comment urging the Arroyo administration to speed up the passage of eight tax measures meant to address the fiscal crisis that President Arroyo acknowledged two months ago.
"We are fully aware of the urgency of these matters and a timetable is being followed with vigor and …
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