Revenues collected by the Bureau of Customs (BOC) increased 9 percent in July from a year earlier on the back of higher imports, but the amount fell short of the target for the month by 13 percent.
In a statement on Monday, the BOC said its total collections reached P30.46 billion in July, P2.51 billion higher than the P27.95 billion collected a year earlier but 13 percent below the P35 billion target for the month.
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