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MANILA - The country's major ports again failed to meet their respective revenue collection targets last month, causing the Bureau of Customs to incur its biggest shortfall so far this year.
Data from the bureau showed that only the ports of Davao and Clark surpassed their respective targets in excess of P76 million and P7 million of their P487 million and P68 million goals, respectively.
The country's major collection districts - Port of Manila, Manila International Container Port, Port of Batangas, Ninoy Aquino International Airport and Port of Limay - failed to meet their respective revenue targets.
The Port of Manila led the underperformers, with its shortfall reaching P2.19 billion after collecting only P4.589 billion out of its P6.779 billion target for July.
The second top underperformer was the MICP, which raised P6.438 billion, or P2.109 billion short of its P8.547 billion target.
The Port of Batangas, which receives the imports of Pilipinas Shell Petroleum Corp., fell P934 million short of its P6.676 billion goal after collecting only P5.742 billion.
NAIA raised P1.842 billion, or P615 million shy of its P2.457 billion goal, while the Port of Limay, which is home to Petron Corp.’s depot, missed its P3.391 billion target by P527 million after collecting only P2.865 billion.
The above five comprise the bureau's "billioinaire ports." Other ports that missed their targets and their respective shortfalls are as follows:
- Subic, P284 million;
- San Fernando, P119 million;
- Cebu, P110 million;
- Cagayan de Oro, P48 million;
- Tacloban, P17 million;
- Iloilo, P8.7 million;
- Aparri, P8.4 million;
- Legaspi, P6.1 million;
- Zamboanga, P3.8 million; and
- Surigao, P800,000.
The underperformance of 15 out of Customs’ 17 ports of entry led to the bureau’s P7.618 billion collection shortfall in July, its highest since January.
Last month, the bureau the government's second largest revenue earner after the Bureau of Internal Revenue, collected P23.823 billion, 24.2 percent below its target of P31.441 billion.
Customs Commissioner Rufino Biazon had said he has ordered all underperforming district collectors to justify in writing their failure to hit targets.
“The target for July is so high to begin with. I know we cannot escape from our target, but we're always saying that the growth from the previous year is worthy to be noticed,” Biazon said.
The July performance brought the bureau's seven-month revenue tally to P166.896 billion, P31.72 billion below its P198.616 billion target for the period.
For the whole year, the agency is tasked to raise P347.07 billion.
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