Diokno confident gov’t will exceed 2022 collection target

  • 📰 gmanews
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 68%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Finance Secretary Benjamin Diokno on Wednesday expressed optimism that the government will surpass its collection goal this year, banking on the Bureau of Customs (BOC) revenue surplus.

“Our collection as of one month ago is P2.9 trillion, [over] 18% higher than last year and about 90% of our goal for the year,” Diokno said during the Kapihan sa Manila Bay forum.Data from the Bureau of the Treasury showed that theThe cumulative collections are 89% of the P3.3 trillion revenue target for the entire year.

From January to October, the Customs collected P713.5 billion, up 35.81% year-on-year and 99% of the P721.5 billion full-year goal. Asked if the revenue surplus of the BOC will be enough to cover the shortfall of the BIR, Diokno said, “Definitely.”surpassing its collection target of P721.52 billion for the entire year by P23.98 billion or 3.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Taas kasi ng collection ng boc grabe sila ata pinakamataas sa lahat ng depts.

Ang laking contribution talaga sa revenue ng BOC God bless po

Ang laki talaga pinagbago ng BoC sa pag serbisyo ngayon .

Malaki talaga ang nabago sa boc simula ng mamuno dito si comm yogi

Tiwala kmi s bagong serbisyong hatid ng boc

Malaki n Po Kasi Ang ipinagbago Ng BOC Kaya paniguradong kakayanin ito Ng bansa magtiwala lang Po Tayo

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Thai economy may miss forecast next year as global growth slows -Finance MinisterThailand’s economy may not reach a forecast growth of 3.8 percent next year due to a global economic slowdown, but this year’s outlook should still be achieved, the finance minister said. | Reuters
Source: inquirerdotnet - 🏆 3. / 86 Read more »

DHSUD: Pag-IBIG to finance construction of 10,000 housing units in Bacolod CityAt least 10,000 housing units will be constructed in Bacolod City, the target is to provide decent homes to informal settlers families (ISFs) in the area, the Department of Human Settlements and Urban Development (DHSUD) announced on Tuesday, Nov. 29.
Source: manilabulletin - 🏆 25. / 51 Read more »

SG fintech pioneers open source license for banking-as-a-service - BusinessMirrorOPEN-Finance technology provider Brankas Pte. Ltd. announced it has developed a first-of-its-kind publicly accessible license for next-generation Banking-as-a-Service software and Open Finance software. According to Brankas Chief Technology Officer Kenneth Shaw, the license allows for digital banking and fintech innovation as well as lowers the cost barriers for startups, neobanks and traditional institutions to quickly
Source: BusinessMirror - 🏆 19. / 59 Read more »