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PH exceeds expenditure target in 2023 by 2 1 percent

THE National Government has exceeded its expenditure target in 2023 by 2.1 percent due to the significant expansion in infrastructure and other capital outlays,

Diokno upbeat BIR, BOC can meet ₧3 17-T targets | Bernadette D Nicolas

FINANCE Secretary Benjamin E. Diokno has expressed confidence that the government’s main collection agencies the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC) will hit their revenue targets for this year, amounting to a combined P3.17 trillion. Diokno, however, told reporters that BIR is “slightly behind target” while BOC…

P3-T revenues within median of ASEAN peers – DOF

The Department of Finance (DOF) said the national government’s (NG) collection of some P3-trillion revenues in 2021, about 15.5 percent of gross domestic product, remained within the median average range of other countries in the Association of Southeast Asian Nations (ASEAN) region. DOF Director R

Government revenue-to-GDP ratio performance seen ranking middle of the pack within ASEAN

Government revenue-to-GDP ratio performance seen ranking middle of the pack within ASEAN
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