DoF: Added revenues from reforms up 26.3%

May 29, 2023 12:35 am

IMPLEMENTATION of the Comprehensive Tax Reform Program (CTRP) earned the government P202.8 billion in additional revenues last year, Department of Finance (DoF) data showed.

The result, which was 26.3 percent higher compared to 2021's incremental income of P160.5 billion, was attributed to a 'full economic recovery as a result of the easing of strict quarantine measures.'

Department of Finance

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