Tag: gocc
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GOCC subsidies up 32% in May
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SUBSIDIES PROVIDED to government-owned and -controlled corporations (GOCCs) jumped by 32% year on year in May, the Bureau of the Treasury (BTr) said. Data from the BTr showed that budgetary support to GOCCs rose to P9.74 billion in May from P7.38 billion in the same month last year. Month on…