Manila, April 8 -- Education Secretary Sonny Angara on Wednesday underscored the vital role of existing tax incentives in helping schools and private partners manage rising operational costs amid global economic pressures and the ongoing conflict in the Middle East.
Angara said these fiscal measures serve as a crucial buffer, allowing the education sector to sustain investments in quality learning despite the surge in fuel, transport, and logistics expenses.
"Aligned with President (Ferdinand) Bongbong Marcos' priority to shield education from economic volatility, these incentives enable schools and their partners to maximize limited resources and free up funds for teaching and learner support," he said in a news release.
The Departmen...
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