The Bureau of Customs (BOC) in the Philippines collected PHP 406.3 billion from January to May 2026, surpassing its target by PHP 9.3 billion and reflecting a year-on-year increase.
Malacañang Palace announced on June 8, 2026, that the Philippine Bureau of Customs (BOC) has exceeded its revenue target for the first five months of the year. Under the leadership of Commissioner Ariel Nepomuceno, BOC collected PHP 406.3 billion from January to May, which is PHP 9.3 billion or 2.3% above its target of PHP 397 billion. This amount also showed a 6.5% increase compared to collections during the same period in 2025, amounting to PHP 24.6 billion more.
Palace Press Officer Undersecretary Claire Castro highlighted that this surplus will support the government’s priority programs and projects. She emphasized that the BOC’s efficient operations and strict focus on collection align with President Ferdinand Marcos Jr.’s directive to maximize the use of public funds for the benefit of ordinary citizens. The successful collection underlines the effectiveness of current customs administration strategies aimed at enhancing government revenues without compromising fairness and transparency.
While this financial performance has not been linked to overseas workers or embassies in Greece, it reflects the broader economic context that may indirectly impact Filipino migrant workers abroad, including those in Greece, through government fiscal health and resource allocation. Continued monitoring of customs revenues remains vital for sustaining public services and development initiatives that benefit both domestic and overseas Filipino communities.
Sources referenced:
- https://www.gmanetwork.com/news/topstories/nation/990666/palace-boc-collects-p406-3b-in-jan-may-2026-exceeds-target-by-p9-3b/story/
