The Bureau of Customs (BOC) collected approximately P85.77 billion in July, exceeding its monthly collection goal by P3.77 billion, according to a report by Philstar Biz. The agency attributed the performance to tighter assessment practices and ports heeding its directive to improve revenue collection.
The P3.77 billion surplus over the target reflects ongoing reforms within the BOC, including enhanced valuation and classification measures. The agency has been pushing for greater efficiency across all collection districts, with particular emphasis on port-level accountability to close revenue leaks.
July's collections form part of the government's broader revenue targets for 2026, as the BOC continues to balance trade facilitation with strict enforcement. Sustained above-target performance could provide additional fiscal space for state spending programs.