Philippines’ Marcos Jr. vows farm and tax overhauls in handle to nation

MANILA: Philippine President Ferdinand Marcos Jr. pledged on Monday to overtake his nation’s tax system and make it a vacation spot for funding and tourism, promising additionally an enormous agriculture overhaul to spice up output and cut back its heavy import reliance.

Talking earlier than Congress in his first state of the nation handle, Marcos, who gained a Might election in a landslide, mentioned it was important to implement reforms to herald tourism and funding and keep what was at present agency development momentum.