Author: EnjoyPhilippines Admin

NEDA WELCOMES THE PASSAGE OF THE CREATE ACT

MANILA – The National Economic and Development Authority (NEDA) thanks President Rodrigo Roa Duterte and the Congress for enacting Republic Act No. 11534, or the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act, which will provide one of the country’s largest stimulus measures ever for the benefit of micro, small, and medium enterprises (MSMEs) that are reeling from the impact of the COVID-19 pandemic.