This is great news that the Land Transport office (LTO) which deals with the transport rules and regulations in the country, revenue increased with respect to the previous year.
According to the National Capital Region (NCR) recorded 1.39 percent in revenue with respect to the previous year 2023.
According to the report the NCR reached P7.73 billion in revenue in 2024, and most of the revenue sources are registration and license fees which are approximately P6,898,639,097.16 and P744,738,912.00 said by Annabelle Quevedo, chief of the Financial Management Division at LTO-NCR seminar in Quezon City.
