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BI reports record high collections of P11B

/ 03:19 AM January 20, 2020

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.

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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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TAGS: BI collections, BIR, Bureau of Immigration
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