BOC collects P84.5 billion, exceeds July 2025 target
In a message to GMA News Online, Nepomuceno said, "We already exceeded the DBCC (Development Budget Coordination Committee) target for July. We're already P84.5 B. Target is P84.36 B. Had there been no suspension of work for 4.5 days last week, our collection surplus is higher."
Nepomuceno said the collection was higher than June 2025 collection of P77.035 billion, adding that it was higher than July 2024 collection of P80.355 billion.
"This is by far the highest collection in a month for this year. Year-on-year, growth is 5.15%, significantly higher than the 1.15% growth for the first semester. This despite the week-long work suspension," Nepomuceno said.
At the start of his leadership, Nepomuceno vowed to enforce good governance in the agency, including meeting collection targets.
The BOC remains aligned with the directive of President Ferdinand "Bongbong" Marcos Jr. to professionalize government operations and intensify efforts against smuggling and revenue leakage, he said.
Last year, the bureau collected P931.046 billion in revenues, higher than its 2023 collection of P874.166 billion. — VDV, GMA Integrated News
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