News Release

Palace congratulates BOC for surpassing target with P84.5 B July revenue



Malacañang has commended the Bureau of Customs (BOC) for surpassing its Development Budget Coordination Committee (DBCC) revenue target by 100.2 percent for July 2025.

In a Palace press briefing on Friday, Presidential Communications Office Undersecretary and Palace Press Officer Claire Castro said BOC collected PhP84.5 billion in July, surpassing its revenue target of PhP84.4 billion by PhP140 million.

BOC’s July performance marked its highest monthly collection this year and reinforced President Ferdinand R. Marcos’ administration’s commitment to sound fiscal governance.

Castro said the BOC’s July collection also represented a significant increase from the PhP77 billion collected in June and the PhP80.4 billion posted in July 2024.

“Mas mataas din ito sa July 2024 collection na PhP 80.4 billion. Sa tala ng BOC, ito na ang pinakamataas na koleksyon sa loob ng isang buwan ngayong 2025,” Castro said.

Year-on-year, the agency registered a 5.2 percent growth rate—substantially outperforming the 1.2 percent average during the first semester of 2025-despite a weeklong work suspension within the month.

The BOC’s performance reflects not only improved administrative efficiency but also the steady progress of fiscal reforms under the Marcos administration.

DBCC members set the BOC’s revenue target, particularly for the collection of custom duties, excise taxes, and other other indirect taxes.

The DBCC is composed of the Department of Budget Management (DBM), Department of Finance (DOF), Department of Economy, Planning, and Development (DEPDev), Bangko Sentral ng Pilipinas (BSP) and the Office of the President (OP). | PND