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AccessMyLibrary    Browse    A    AsiaPulse News    JAN-02    PHILIPPINES TO CUT ANNUAL REVENUE TARGET BY US$98 MLN.

PHILIPPINES TO CUT ANNUAL REVENUE TARGET BY US$98 MLN.

Publication: AsiaPulse News

Publication Date: 31-JAN-02
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COPYRIGHT 2002 Asia Pulse Pty Ltd

MANILA, Jan 31 Asia Pulse - The government is planning a P5 billion (US$97.8 million) reduction in its revenue target for the year to only P442 billion from the original goal of P447 billion, citing difficulties in raising P16 billion from new administrative measures put in place earlier.

According to the Department of Finance, the...

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