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Philippine finance chief defends tax reform as investors recoil

Secretary Dominguez stands by critique of proposed constitutional changes

Finance Secretary Carlos Dominguez explains why the Philippine tax system needs to change during an Aug. 17 interview in Manila.

MANILA -- The Philippines will forge ahead with a tax reform program that has spooked foreign investors and prompted some to consider leaving the country, Finance Secretary Carlos Dominguez told the Nikkei Asian Review on Friday.

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