The Department of Finance (DoF) is confident the government’s revenue-generating agencies will reach their collection targets this year, citing their performance in 2016 and the ongoing reforms to improve efficiency.
In a statement, Finance Secretary Carlos Dominguez 3rd said he is “pretty sure” the Bureaus of Customs (BoC) and of Internal Revenue (BIR) could hit their respective collection targets of P468 billion and P1.829 trillion this year.
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