THE revenue collection of the Bureau of Customs has improved for the month of August, which reached more than P32.6 billion, citing better collection effort implemented by bureau.
Customs Commissioner Nicanor Faeldon said that preliminary figures from the bureau’s Statistical Analysis Division, revenue collection for August has reached P32.653 billion, and may still increase since data from other departments and ports keep coming in.
“This initial figure is already 95.2 percent of the P34.308 billion assessed revenue collection target set by the Bureau for the month. It is better compared to the P26.895 billion revenue collected at the same month last year,” he said.
Last month’s collection was only 85.9 percent of the BOC’s P36.065 billion assessed revenue collection target then.
The following amounts have been collected so far from various ports across the country for the month of August, San Fernando-P139 million; Port of Manila-P5.206 billion; MICP-P10.248 billion; NAIA-P2.778 billion; Batangas-P7.443.8 billion; Legaspi-P25.4 million; Iloilo-P303.5 million; Cebu-P1.409.9 billion; Surigao–P600,000; Cagayan de Oro-P717 million; Zamboanga-P6.8 million; Davao-P1.014 billion; Subic-P1.6 billion; Clark-P125.6 million, and Limay-P1.677 billion.
The Bureau is yet to receive reports from the ports of Tacloban and Aparri.
Despite the improving figures, Faeldon reminded that revenue collection should not be the only parameter used in measuring the agency’s success.
“If we judge the agency based on revenue collection alone, then we’ll miss the other two mandates of BOC,” he said.