‘Record’ nontax revenue seen in 2024 on GOCC dividend hike

NONTAX REVENUE is on track to surpass this year’s target, and is projected to come in at a record P606.6 billion, after government companies were made to remit more of their earnings as dividends, with the government also accessing their reserve funds, the Department of Finance (DoF) said. “Finance Secretary Ralph G. Recto has maximized