00:00The government's non-tax revenues has reached 555.30 billion pesos as of the end of November,
00:07which has a 45.6 percent improvement from last year.
00:11According to Philippine News Agency's report, the Department of Finance says this latest
00:15development allows the Marcos administration to fund more key programs, especially those
00:19that will improve the lives of Filipinos.
00:22The DOF also welcomed the news of the record-high collection of non-tax revenues.
00:27Secretary Ralph Rector said the nation indeed needs more funds to meet the growing needs
00:32of the Filipinos because aside from actual tax collection, financial streams like non-tax
00:36revenue sources help the country come up with more revenues that ultimately allow it to
00:41deliver more and better services in various areas of concern like health care and education,
00:46just to name some.
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