Senator Ralph G. Recto, chairman of the Ways & Means committee, conducts a hearing on the rationalization of fiscal incentives. During the hearing attended by representatives from agencies such as DOF, BIR, NEDA, DTI, BOI, and chambers of commerce, Recto asks their inputs on the pending measure to arrive at an acceptable version of the fiscal incentives rationalization bill. (Photos by Alex Nuevaespana of PRIB)