“I am pleased to report that the National Government posted a deficit of P1.8 billion in July 2014, narrower than year-ago levels as a result of efficient collection of tax revenues. The year-to-date deficit was recorded at P55.7 billion, well-within the program.
Read MoreA total of 4,755 applicants at the Bureau of Customs (BOC) will be taking the general ability and competency exam to be administered by the Civil Service Commissioner (CSC) on August 31, 2014 (Sunday). The examinees include current BOC employees who have applied for promotion and new applicants who are aspiring for the 1,056 positions at the Bureau’s main office and various collection districts throughout the country.
Read MoreStreet vendors wait for customers on an overpass in Manila, the Philippines. Consumer prices rose 4.9 percent in July from a year earlier, the fastest pace since October 2011.
Read More29 August 2014 Manila, Philippines – The National Government (NG) recorded a P1.8 billion fiscal deficit in July as revenue generating agencies ramped up collection efforts. The July deficit is down 97% from the same period last year, resulting to a lower cumulative budget shortfall of P55.7 billion for the first seven months of 2014 compared to P104.5 billion in 2013.
Read MoreThe Bureau of Customs (BOC) filed charges before the Department of Justice against the owners and customs brokers of two firms for allegedly illegally importing steel products into the country.
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