BoC chief vows to exceed P627B 2018 collection target

Customs Commissioner Isidro Lapena on Monday vowed not only to hit the P627 billion target for 2018 but exceed it as well to put an end to the bureau’s seven-year collection slump.

He pointed out that if the Customs bureau will surpass its target at a conservative estimate of P20 billion, all personnel, from the commissioner down to the janitor, would be entitled to a 20 percent share of the surplus, which is equivalent to P1.4 million commission for each of the 2,800 officials and rank-and-file employees as provided for under the Lateral Attrition Law.