February 18, 2025 – The House of Representatives has scheduled a public hearing on February 26 to discuss a series of proposed tax reform bills. Lawmakers, industry leaders, and the public will have the opportunity to weigh in on the potential economic and social impacts of the proposed changes.
The hearing aims to address key issues such as income tax brackets, corporate tax rates, and possible exemptions or deductions that could affect businesses and individuals. Representatives from the Department of Finance, economic experts, and advocacy groups are expected to provide insights on the potential benefits and drawbacks of the reforms.House Speaker, emphasized the importance of public participation, stating,
“This hearing will allow us to gather valuable feedback from all sectors of society to ensure that any changes to the tax system are fair, effective, and sustainable.”Citizens and stakeholders interested in attending or submitting their concerns can register through the House of Representatives’ official website.
The session will also be streamed live to ensure accessibility to a wider audience.The proposed tax reforms are part of the government’s broader strategy to enhance revenue collection while promoting economic growth and financial stability. Further deliberations and possible amendments to the bills are expected following the hearing.
