ABOUT P1.2 billion worth of projects approved by the Road Board and funded from road users’ tax collections last year were marred by “various deficiencies,” according to the Commission on Audit (COA). “Our audit disclosed various deficiencies…
MANILA, Philippines—The government’s third-biggest source of tax revenues appears to be getting depleted even faster than the now controversial Malampaya Fund, which represents the royalties from the Malampaya oil and gas operations off Palawan. As of December…