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To increase the number of visitors to the country, Ferdinand Marcos Jr. approved the Value-Added Tax (VAT) Refund Program's implementation by 2024.
tourists

To increase the number of visitors to the country, Ferdinand Marcos Jr. approved the Value-Added Tax (VAT) Refund Program's implementation by 2024.

In an effort to increase tourist arrivals in the Philippines, President Ferdinand "Bongbong" Marcos Jr. has approved the implementation of the Value-Added Tax (VAT) Refund Program for foreign tourists by 2024. According to the Presidential Communications Office, the President made the decision based on the recommendation of the PSAC tourism