BCDA collection increases to P6.02 billion in 2013

The state-owned Bases Conversion Development Authority (BCDA) said on Wednesday that it recorded cash inflows of P6.02 billion in 2013 or an P850-million increase from the P5.17 billion it recorded in 2012, because of its efficient collection efforts and resolution of problematic accounts.

“We are very pleased with the results of our collection efforts that has translated to the BCDA’s increased cash inflows, which will augur well not only for the BCDA but for the government as well,” said Arnel Paciano Casanova, BCDA president and chief executive officer.