MANILA: Manila ports under district collector Mario Mendoza suffered the biggest deficit of P25.32 billion.
All collection districts of the Bureau of Customs (BOC) in Metro Manila had failed to meet its full-year revenue targets in 2014, initial records from the agency showed.
POM collected P60.11 billion or a deviation of 29.6 percent versus its revenue goal of P85.43 billion for the entire year.
The Manila International Container Port (MICP), where most of the bulk shipments come in, incurred a shortfall of P17.93 billion after the port only collected P97.86 billion. MICP had a revenue target of P115.79 billion last year.
The Ninoy Aquino International Airport (NAIA) also contributed to BOC’s overall deficit, with a shortfall of P6.99 billion. The revenue goal of NAIA was pegged at R35.64 billion, but it only generated P28.65 billion.
The Metro Manila ports are traditionally the cash cows of the BOC, which accounted for more than half of the country’s shipments.
The combined collections of the other 14 smaller and medium-sized ports were insufficient to offset the shortfalls incurred by these major ports.
Total revenue collections by BOC, the second largest revenue-generating agency, reached P366.87 billion last year but still it was way off its full-year target of P408 billion.
The BOC had managed to cut down its deficit collection last year for the surpluses of Subic, P6.7 billion; Port of Batangas, P5 billion; and Davao, P1.13 billion.
Other ports posting excess in collections were Iloilo, Cebu, Cagayan De Oro and Aparri.
