Philippines Sen Bam Tender

Reducing prices of petroleum products and goods is the best Valentines Day gift to Filipinos burdened by high prices of food and other goods due to the Tax Reform for Acceleration and Inclusion TRAIN Law according to Sen. Bam Aquino.The price of galunggong rose from P130 per kilo in December 2017 to P200 per kilo in December 2018 before slightly dropping to P180 per kilo as of February 7. Sardines rose from P15 in December 2017 to P17.50 in December 2018 up to present.Prices of bangus increased from P130 per kilo in December 2017 to P200 per kilo in December 2018 before dropping to P180 per kilo early this month while pork went up from P200 per kilo in December 2017 to P220 per kilo in December 2018 up to present.Sen. Bam warned that Filipinos will be in for a tougher time with the increasing prices of petroleum products and electricity.Sen. Bams measure seeks to suspend and roll back the excise tax on fuel under the TRAIN Law once the countrys inflation rate exceeds the governments target for three straight months.