Monday, December 15, 2025
Today's Print

Tag: revenue collection

Customs Reforms

Department of Finance Secretary Frederick Go (center) visits the Bureau of Customs (BOC) on Nov. 28, 2025, where he was briefed by Commissioner Ariel...

September gov’t spending tumbled amid flood control scandal

Both government revenue collection and public expenditures tumbled in September 2025 from a year ago as a flood control project scandal restrained disbursements, but...

Customs collection climbed 6.4% to surpass July target

Bureau of Customs (BOC) said Friday its revenue collection grew 6.4 percent to P85.46 billion in July 2025 from P80.36 billion a year ago. It...

LTO hits P8-b mark in revenue collection

THE Land Transportation Office (LTO) has collected over P8.3 billion in revenues for the first quarter of 2025 alone. LTO chief Vigor Mendoza II credited...

Gov’t budget surplus hit P68.4b in January on 10% revenue growth

The national government’s budget surplus saw a 22.27-percent year-on-year decline to P68.4 billion in January 2025 from a year ago, as the 19.4-percent expenditure...

Customs, PCCI agree to bolster revenue collection

The Bureau of Customs (BOC) teamed up with the Philippine Chamber of Commerce and Industry (PCCI) to enhance revenue collection, combat smuggling and protect...

Customs surpassed collection target for five straight months

The Bureau of Customs (BOC) said Tuesday it exceeded its revenue collection target for a fifth month this year. Preliminary reports indicated that the BOC...

BOC overshoots Jan-May target by P12.4b

The Bureau of Customs (BOC) overshot by 3.9 percent its target of P317 billion for the period January to May this year. The BOC reported...

Gov’t agencies need to collect P11.7b in daily revenues—Recto

Government agencies should collect P11.7 billion daily in 2024 to partially fund the P5.767-trillion national budget, according to Finance Secretary Ralph Recto. Revenue collection is...

Digitalization to boost LGU incomes

The Department of Interior and Local Government (DILG) said digitalization and streamlined services by local government units (LGUs) will boost the country's revenue collection. DILG...

Tax collection fell in August, gov’t budget deficit widened

The government’s budget deficit widened by 84.63 percent in August to P133 billion from P72 billion in the same month last year on lower...

Higher tax haul cut budget deficit to P47.8b in July

The government’s budget deficit eased to P47.8 billion in July 2023 from P86.8 billion a year ago on the back of a 33.40-percent growth...

June budget deficit hit P225b on lower tax haul

The government’s budget deficit widened 4.6 percent in June to P225.4 billion from P215.5 billion a year ago as revenue collection fell 7.91 percent,...

BOC overshoots revenue target for April with P68.27b

The Bureau of Customs (BOC) has chalked up a revenue collection of P68.274 billion for April, surpassing its target of P68.199 billion. “This is a...
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