BOC-Port of Clark exceeds November collection target

• Published date: 24 November 2022
• Publication title: Philippines News agency

The Bureau of Customs-Port of Clark has surpassed its collection target for 11 straight months.

A report from the Collection Division showed that BOC-Port of Clark exceeded its target with a collection of PHP281.10 million as early as Nov. 22 as against its goal of PHP279.50 million.

The port hit its target with a surplus of PHP1,608,226 or a positive deviation of 0.57 percent which is seen to increase until the end of this month.

The port already met its target for the calendar year 2022 last Nov. 4.

It exceeded its collection target for this year with an actual collection of PHP3.009 billion, up by PHP5.3 million or 0.18-percent higher than the PHP3.004-billion target for the year.

The port's collection from Jan. 1 to Nov. 3, 2022 was 44.38 percent higher than the PHP2.084-billion collection last year.

Collector John Simon on Thursday said despite hitting the target two months earlier before the year...