Economy
Philippines Eyes Unchanged 2026 Revenue Targets Amid Economic Headwinds
The Philippine Department of Finance anticipates no changes to its 2026 revenue targets, despite economic headwinds and a slowdown in infrastructure spending. The Bureau of Internal Revenue (BIR) faces challenges but aims to meet its goals.
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- Philippines unlikely to tweak 2026 revenue targets amid economic uncertainties
The Philippines' Development Budget Coordination Committee (DBCC) is unlikely to revise its revenue collection targets for 2026. While the Bureau of Internal Revenue (BIR) faces collection challenges, the Bureau of Customs (BOC) remains on track. Resumption of infrastructure spending is seen as key to revenue improvement.