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Manila Bulletin devider Philippines devider National devider LTO records over P19-B revenue collection since January 2025

LTO records over P19-B revenue collection since January 2025

Published Aug 13, 2025 01:36 pm
The Land Transportation Office (LTO) has collected over P19.7 billion in revenues from January to July this year, which it said, is more than half of the collection target for this year.
LTO Chief, Assistant Secretary Atty. Vigor D. Mendoza II said their revenue collection target was set at P34 billion and as of July 31 this year, collated data from various regional offices revealed that revenue collection target was already at P19,738,874,899.06
Based on the LTO data, almost all regions have already collected more than half of their 2025 revenue target—some even breached the 60 percent mark.
With five months left, Mendoza expressed confidence that the remaining 42 percent, or around P14 billion, will be reached on or before the end of 2025.
Last year, Mendoza raised the collection target of the LTO to P34 billion due to positive revenue collection in 2023 and 2024.
The revenue collections came from motor vehicle registration and renewal, driver’s license application and renewal and other LTO-related transactions.
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