By Chloe Mari A. Hufana, Reporter
PRESIDENT Ferdinand R. Marcos, Jr. on Monday said he approved the suspension of excise taxes on liquefied petroleum gas (LPG) and kerosene to soften the impact of rising fuel costs on households, while leaving levies on gasoline and diesel unchanged.
The selective suspension is expected to provide modest relief to household budgets but may have limited effect on transport costs and inflation, which are more sensitive to diesel prices.
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