Finance chief sets higher bar for BIR, BOC

Quick Summary:

THE national government aims to post double-digit growth in revenue collections from the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC), according to the Department of Finance (DOF).

Next year their target is at 11-percent growth, more or less, 10 percent to 11 percent; the BIR, [around] 11 percent too.

This is expected to increase to P4.383 trillion or 16.5 percent of GDP by the end of the year.

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Article Details

Author / Journalist: Cai U. Ordinario

Category: BusinessStartups

Markets: Philippines

Topics: Year Finance Target Trillion Revenue Collections Growth Recto Percent Efficiency Expected

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-23 @ 16:07:00 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 770 words

Reading Time: 5 minutes read

Sentences: 32 lines

Sentence Length: 25 words per sentence (average)

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

Copyright Owner: © Business Mirror

News ID: 24601198

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Official Website: businessmirror.com.ph

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News Last Updated: 17 hours ago

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