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Revenues hit P2.13T in first half

THE government is on track to meet its revenue target for this year, with collections reaching nearly half of the goal in the first six months, a cabinet official said.

As of the first half of 2024, the government has already collected P2.13 trillion in revenues, Finance Secretary Ralph Recto told reporters on Monday at the sidelines of the EJAP-SMC Economic Forum 2024.