Tax hike on sugary drinks could raise up to P34 B for PhilHealth – DOF

MANILA, Philippines – Raising the tax on sugary drinks could generate an additional P25 to 34 billion in annual funding for the Philippine Health Insurance Corp. (PhilHealth) until 2030, with another P7 billion in extra funds for programs providing aid for indigent patients and improving state hospitals and clinics. Finance Undersecretary Karlo Fermin Adriano shared