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The Philippines expanded VAT exemptions on medicines for cancer, diabetes, dialysis, hypertension, high cholesterol, and mental illnesses to improve healthcare affordability and accessibility nationwide starting June 2025.
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Finance Secretary Ralph Recto directed swift BIR implementation, building on laws he helped enact that reduce out-of-pocket costs and support universal healthcare under President Marcos Jr.’s directive.
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Newly exempted medicines include cancer drug Tegafur combo, diabetes drug Metformin Hydrochloride+Teneligliptin, cholesterol and hypertension medications, and mental illness treatment Lamotrigine, easing financial burdens for Filipino patients.
Source: regfollower.com
