New BIR chief optimistic to hit ₱2.4T target

Newly-installed Bureau of Internal Revenue (BIR) Commissioner Lilia C. Guillermo asked the men and women of the bureau to work hard in raising ₱2.438 trillion until the end of the year.

Addressing revenuers after the virtual flag-raising rites, Guillermo expressed optimism that they will hit their collection target despite the economic crisis.

She described the raising of more funds as an "uphill climb" due to Covid-19.

Noted economists projected up to eight percent growth in production and consumption of goods and services for the remaining months of 2022 as the pandemic cases are sharply slowing down.

"We have to raise more funds to finance the infrastructure, food, health and security programs of President Bong Bong Marcos," Guillermo told taxmen via zoom.

Guillermo said she will push the digitalization of the bureau's administration and collection machineries to better service the needs of taxpayers and reduce the incidence of corruption.