Customs misses Jan-Sept revenue goal

Rappler.com

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The bureau is undergoing wide-ranging reform to address corruption

STILL OPTIMISTIC. Customs chief Ruffy Biazon eyes higher collections in the last quarter due to seasonal import growth

MANILA, Philippines – The Bureau of Customs, which is undergoing wide-ranging reform to address corruption, reported it missed its revenue collection goal for the period of January to September.

The bureau collected P224.45 billion in the first 9 months, 10.3% below its target of P250.436 billion. This was however 5.1% higher than what it collected in the same period of 2012.

In September alone, Customs generated P25.841 billion, 11.8% shy of its P29.173-billion goal, but 11.3% more than its September 2012 collections.

Customs, the Philippines’ second-largest revenue-generating agency, was slammed by President Benigno Aquino III in his state of the nation address this year for being one of the most corrupt. (Read: Aquino shames Customs bureau)

Aquino, who pointed out that a reshuffle wasn’t enough to solve the problems of the bureau, ordered changes. (Read: Aquino on what Customs needs: A ‘reset’)

He appointed 5 new Customs deputy commissioners to “inject new blood” in the agency. (Read: New Customs deputy commissioners assume posts)

Customs chief Ruffy Biazon also signed two orders: one mandated the transfer of 27 Customs collectors to the Finance department’s research unit, and the other directed all employees to return to their mother units or original posts.

Amid the organizational changes, Biazon is optimistic. “Our growth momentum looks promising… I am confident we will catch up in the last quarter of 2013 as seasonal import increases and operational efficiencies are implemented.”

For October, Customs targets to collect P30.508 billion. It is tasked to collect P340 billion for the full year. – Rappler.com

 

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