JFC Statement Regarding Proposed House Legislation for Fiscal Incentives For Investors in the Philippines

The policy under discussion represents an extremely important issue affecting both needed government revenue and needed foreign and domestic investment. Almost all governments – not only at the national level, but also lower levels of province, state, and even city – place high priority on attracting new investments that create new jobs, raise incomes, and eventually increase public sector revenue. Governments follow multiple strategies to achieve such investment goals, for example, by providing efficient infrastructure, educating the workforce with skills in demand by industry, setting up freeports and special export zones, and the like. View the rest of the statement here.