Manila: The Bureau of Customs (BOC) has surpassed its February 2026 collection target by more than PHP1.2 billion, marking the second consecutive month of exceeding set goals and demonstrating a robust revenue performance.
According to Philippines News Agency, preliminary data released on Monday highlighted that the BOC collected PHP73.798 billion last month, exceeding its target of PHP72.592 billion by approximately PHP1.206 billion, or about 1.7 percent. This figure also represents an increase from the February 2025 collection of PHP71.765 billion, showing a year-on-year growth of 2.8 percent, or PHP2.033 billion.
From January to February 2026, the BOC recorded total collections of PHP154.747 billion, reflecting a 2.5 percent increase, or PHP3.729 billion, compared to the same period last year. Commissioner Ariel Nepomuceno emphasized the Bureau's dedication to sustaining this momentum while acknowledging the collective effort of the BOC's workforce in achieving these results.
Commissioner Nepomuceno noted, "The entire Bureau delivered more than the expected financial target for February. This is contrary to the expectation that, during the month of the Chinese New Year, our collection decreases. But we were able to prove, with the efforts of everyone, especially our port collectors, that it can be done-with the proper assessment, with the stricter implementation of enforcement rules, and with the due diligence of our deputy commissioners, who keep on budging everyone to collect properly. So, again, thank you and congratulations to the Bureau for achieving our collection target more than the expectation."
The BOC further stated that this achievement aligns with President Ferdinand R. Marcos Jr.'s directive to reinforce fiscal discipline and enhance revenue collection for national priorities. Under Nepomuceno's leadership, the bureau has been strengthening enforcement and compliance measures.
The BOC remains committed to further improving its systems and processes to ensure sustained revenue performance in support of the country's fiscal stability and development agenda.
