New DOF chief targets P20-B daily tax collection

Manila Bulletin 2024-01-12

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Newly-appointed Finance Secretary Ralph G. Recto has set his sights on a daily haul of around P20 billion to meet the spending needs of the Marcos administration for this year.

In a briefing at Malacanan with President Marcos after being sworn in, Recto said that his top priority is to raise P4.3 trillion in taxes this year, with the support of the government’s two main tax agencies and the Bureau of the Treasury.

READ MORE: https://mb.com.ph/2024/1/12/new-dof-chief-targets-p20-b-daily-tax-collection

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