The passage of House Bill 5727 at the Lower House signifies the political will of this administration to institute needed reforms that shall help us achieve macroeconomic stability and fiscal sustainability. I thank the House of Representatives for working double-time to secure the passage of this bill, vital for its potential contribution not only to state revenues, but more importantly to promoting healthy lifestyle to Filipinos.
Moving forward, we call on our dear senators to ensure the passage of HB 5727 into law within the year keeping in mind the welfare of the Filipino people.
Copyright © 2021 Department of Finance