Aug 1, 2017 @ 20:05

President Rodrigo Duterte has requested Bureau of Internal Revenue (BIR) Commissioner Cesar Dulay to “accelerate” tax assortment to cowl “unexpected expenses” that the federal government has to cope with these days.

This was revealed by Finance Secretary Carlos Dominguez following the assembly between Dulay and Duterte in Malacanang Tuesday (August 1).

Dominguez mentioned among the many bills dealing with the federal government had been these associated to pure disasters and the battle in Marawi City.

Leyte was rocked by a magnitude-6.5 earthquake on July four.

The BIR failed to meet its income goal of P1.193 trillion for the primary six months of the 12 months by one % even because the mixed tax and non-tax revenues from January to June grew 7 % 12 months on 12 months to P1.176 trillion.

The nominal deficit as of end-June stood at P154.5 billion, 7 % greater than the programmed P143.eight billion deficit for the primary half of the 12 months.

Source: politics.com.ph