BI reports record high collections of P11B
MANILA, Philippines — The Bureau of Immigration (BI) has posted a record high income of more than P11 billion last year, up by 29 percent from its revenue in 2018.
BI Commissioner Jaime Morente, in a statement, disclosed that as of Dec. 31, the bureau’s total revenue collection reached whopping P11.9 billion, which is roughly P2.6-billion higher than the P9.2 billion the agency earned a year ago.
Morente said the BI’s annual collections have steadily increased over the past several years, adding that revenues jumped by four-fold from 2012 when it amounted to only P2.7 billion.—Tina G. Santos
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