00:00Yusek, speaking of prices, when does the President intend to use his emergency powers already granted to him by Congress
00:09to lower or suspend excise tax on petroleum products?
00:13Sa ating pagkakaalam ay hindi pa po yata na ibibigay. Sa aking pagkakaalam, sorry, ang update sa akin noong Sabado
00:21ay hinihintay po na maibigay sa Pangulo para mapirmahan.
00:25Sa aking pong huling pagkakaalam. Pero pag nandiyan na po yan, pipinaman po agad ng Pangulo yan at lahat ng
00:32maaaring gawin at hindi lalabag sa batas at hindi lalabag mismo doon sa batas na sinusulo ngayon patungkol sa emergency
00:41powers, gagawin po yan ng Pangulo.
00:44Ma'am, may we know the cause of the delay of the signing of the reduction of the excise tax?
00:50Is the President experiencing some kind of pushback, either from certain Cabinet secretaries or certain sectors who would want to
00:57retain the VAT or the excise tax to keep afloat the government's coffers?
01:02No, this is the mere fact that the President wants it to be enforced immediately.
01:11The only reason that he could not do it is because the bill has not been reached by the President
01:20as of now.
01:21So there is no reason for him to sign. So after that, maybe, after signing, he will immediately make an
01:30order either to reduce or to suspend the excise tax.
01:36So ang bottleneck, ma'am, if not po sa mismong Pangulo, na kanino po naaantala? Sino po yung cause of
01:43delay if not the President?
01:44I'm not so sure right now. I am not so sure right now. But this is the words that came
01:59from the President.
02:01He wants this emergency power to be given to him in order to at least lessen the impact of the
02:10crisis in the Middle East.
02:14Yusek, balikan ko po yung tungkol sa emergency powers. Ang sinasabi po ninyo, if my understanding is correct, hindi pa
02:23lang niya nagagamit yung power because the bill is not yet with him.
02:26But once he accepts, he gets it, he will sign it immediately. Ganun po ba?
02:30Of course. Opo. Bakit naman hindi po niya ipipirmahan? Eh siya po yung nagnais po nito.
02:36Ma'am, actually, yun din ang tanong namin pare-pareho last week because when we asked him, I asked him
02:42kung kailan ba niya balak.
02:43Ang sinasabi niya, it's a very complicated calculation and he is not going to rush into lowering or suspending excise
02:52taxes.
02:52Parang hindi po yung, yun nga po yung nakakapagtaka. Sinertify niya as urgent but he is not in a hurry
03:00to exercise the powers.
03:02Okay. Magkaiba po yun. Iba po yung pipirma niya agad dahil gusto niya po itong batas na ito. At iba
03:08po yung maaaring hindi niya agad ma-implement.
03:10Daltandaan po natin, nasa batas, doon sa ginawa po na bill, na kailangan na yung price ay mag-reach o
03:19mag-reach ng 80 US Dollars per barrel sa loob ng 30 days.
03:28So, as of the time na bilanggit niyo yan, wala pa po kasing 30 days. So, at the time, mahihirapan
03:33po siya talagang i-implement.
03:35Pero pag yan, pumasok na po na naayos sa batas na 30 days, ay maaari na po itong magawa ng
03:42anumang order.
03:43At pag sinabi po kasing natin excise tax, ito naman po ay upon entry.
03:48So, pag sinabi natin upon entry, wala po tayo, if ever, wala tayong maaangkat na langis.
03:55So, hindi ma-exercise yung pag-reduce at pag-suspend ng excise tax.
04:00So, ganun po yung ibig sabihin ng Pangulo.
04:13So, ganun po yung ibig sabihin ng pag-reduce at pag-reduce at pag-reduce at pag-reduce at pag
04:15-reduce at pag-reduce at pag-reduce.
04:16So, ganun po yung ibig sabihin ng pag-reduce at pag-reduce.
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