Tuesday, October 24, 2017

Recto: Customs paying for bullets, bombs to beat terrorists

Aug 11, 2017 @ 17:09

The government’s war against the Maute terrorists is “partly funded” by the revenue collections from the Bureau of Customs (BoC).

For 2017, BoC is tasked to collect P468 billion. On a daily basis, that would be P1.28 billion, Sen. Ralph Recto said on Friday.

“In the war against terrorists, 1 in 5 bullets fired, 1 in 5 air sorties flown will be funded by BoC collections,” the Senate President Pro-Tempore said.

He raised the need for the BoC to properly collect import tax and duties to fund government operations. “The Bureau of Customs collects revenues which fund public services that we all enjoy.”

He said that in real terms, BoC will bankroll 9,498 classrooms out of the 47,492 that will be built. From its collections would come the money to buy 11.2 million textbooks out of the 55.8 million pieces to be procured.

“It can also be computed that for every P100 put into the pay envelope of a government worker, P20 had been remitted by the BoC.

“In terms of PhilHealth insurance for indigents, seniors, it can be extrapolated that BoC’s share in funding would enroll 8.76 million individuals,” he added.

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