FROM a distance, I can see the task that devolved on the first State of the Nation Address (SONA) of President Ferdinand Marcos Jr., which was thematically different from his inaugural address.
First wordFROM a distance, I can see the task that devolved on the first State of the Nation Address of President Ferdinand Marcos Jr., which was thematically different from his inaugural address.The inaugural address laid out the vision, direction and hopes of the presidency. The SONA lays out the government's agenda and the programs and policies to lead the nation to the desired destination.This division of labor makes for clarity in the administration's work that is now unfolding.
'Our country must become an investment destination, capitalizing on the Corporate Recovery and Tax Incentives for Enterprises, or the Create Law, and economic liberalization laws such as the Public Service Act and the Foreign Investments Act.'Our tax system will be adjusted in order to catch up with the rapid developments of the digital economy, including the imposition of value-added tax on digital service providers.'The initial revenue impact will be around P11.
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