Day: July 27, 2022

SONA 2022: Why Marcos Jr. economic blueprint will make the nation, ordinary folk suffer

Marcos Jr.’s priority is to ensure that the neoliberal policies that his predecessor President Rodrigo Duterte passed are maximized to create the most favorable environment for big businesses, including foreign capital. To become an investment destination, the administration will provide massive tax breaks to corporations through the CREATE Law and provide foreign companies more profit-making opportunities with the amended laws on public services and foreign investments.