Culture & Identity

Oil taxes continue to burden Filipinos (October 10, 2023) – IBON Foundation

Oil taxes continue to burden Filipinos (October 10, 2023) – IBON Foundation



The recent rollbacks are not likely to be sustained with the oil price hikes expected to persist until the end of the year. Now is the time for government to make more decisive and effective steps to minimize fuel costs, by removing excise and value-added taxes on oil products.




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IBON Foundation
IBON Foundation

IBON Foundation is a non-stock, non-profit development organization. We have been serving the Filipino people through research and education since 1978. IBON seeks to promote an understanding of socioeconomics that serves the interests and aspirations of the Filipino people. We study the most urgent social, economic, and political issues confronting Philippine society and the world.

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