INAASAHANG mahihigitan ng revenue collection ang revised goal ngayong taon, ayon sa Department of Finance (DoF).
“Total revenue collection for 2024 is expected to increase to P4.42 trillion by the end of the year, surpassing the full-year target,” pahayag ng DoF sa isang statement noong Lunes.
Itinaas ng Development Budget Coordination Committee (DBCC) noong Disyembre 2 ang revenue collection goal ngayong taon sa P4.38 trillion mula sa dating P4.27 trillion.
“As a percentage of GDP (gross domestic product) the emerging revenues will climb to 16.7%, the highest in the last 27 years or since 1997,” ayon sa DoF.
Sinabi ng ahensiya na nagawa nitong makalikom ng mas maraming kita upang pondohan ang national budget nang walang ipinapataw na mga bagong buwis.
Sa halip, sinabi ng DoF na isinapribado nito ang public assets, itinaas ang dividend contributions ng government-owned and -controlled corporations (GOCCs) at nagsagawa ng “sweep” ng hindi nagamlt na pondo ng GOCCs.
Noong Abril ay itinaas ng DoF ang mandatory dividend remittances ng GOCCs sa National Government sa 75% ng kanilang annual net earnings noong 2023 mula sa dating 50%.
“The Bureau of Internal Revenue (BIR) and the Bureau of Customs (BoC) likewise improved their revenue administration efficiency by ensuring ease of paying taxes and accelerating their respective digitalization programs,” ayon sa DoF.
Sa latest data mula sa Bureau of the Treasury (BTr) ay lumitaw na ang revenue collections ay tumaas ng 16.83% sa P3.77 trillion sa January-to-October period.
“Taxes, which made up 86% of the total revenues, increased by 11.4% to P3.23 trillion as of end-October. BIR collections rose by 13.49% to P2.42 trillion as of end-October, while Customs collections went up by 5.32% to P777.6 billion,” anang ahensiya.
“The rest of the DoF’s revenue reforms are in the advanced stages in Congress, namely the Rationalization of the Fiscal Mining Regime, the Excise Tax on Single-Use Plastic Bags, Package 4 of the Comprehensive Tax Reform Program, and the Motor Vehicle Road User’s Tax,” dagdag pa nito.
“2024 is a year of triumph for the Filipino people. In the face of unprecedented challenges, we have emerged stronger. I assure you that from here on, things will get better — because you have a government that works very hard to ensure that all Filipinos reap the rewards of strong economic growth through more comfortable lives and more high-quality jobs,” wika ni Finance Secretary Ralph G. Recto sa isang statement.
