DOF on track to meet target as non-tax revenues double

Quick Summary:

Recto asserted last Tuesday that the Department of Finance is on track in reaching its fiscal targets for the year after collecting half of it in the first half.

The government gained P88.3 billion in dividends from 47 state-run corporations as of May 6, 2024.

Tax and non-tax revenues generated by the state reached P2.13 trillion from January to June 2024.

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Article Details

Author / Journalist: Reine Juvierre S. Alberto

Category: BusinessStartups

Markets: Philippines

Topics: Dividends Non-tax Revenue Revenues Finance Year Recto Government Percent Billion Privatization

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-23 @ 16:53:07 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 492 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 21754658

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Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

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Year Established: 2005

Headquarters: Philippines

News Last Updated: 14 hours ago

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Publisher ID: #37

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