The Bureau of Customs (BOC) has already surpassed its annual revenue collection target of P721.52 billion for 2022 by generating P745.50 billion as early as November 11, up by P23.98 billion or 3.27 percent.
Based on a preliminary report, all 17 collection districts of the Bureau also reached their respective collection targets, garnering a surplus of 16.8% or P103.29 billion as of October 31.
This year’s revenue collection performance historically marks the highest revenue collection of the agency to date.
Commissioner Yogi Filemon Ruiz led the BOC in achieving the remarkable feat through the stringent implementation of his priority programs to curb smuggling and corruption, optimize revenue collection, and digitalize and enhance customs operations anchored on the 8-Point Socioeconomic Agenda of President Ferdinand Marcos Jr.
He also thanked the men and women of the Bureau for their continuous hard work and assured to provide his unequivocal support.
As ordered by President Marcos Jr., Commissioner Ruiz has streamlined customs processes to ease bottlenecks and promote local and international investments and efficient trade facilitation while preventing revenue leakages through heightened border security measures.