Philippines - State subsidies to GOCCs decline at end-November

Started by MikeLigalig.com, February 27, 2013, 08:31:44 AM

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State subsidies to GOCCs decline at end-November

State subsidies to non-financial government-owned and controlled corporations (GOCCs) slightly dipped at end-November. Data from the Bureau of Treasury showed that for the first 11 months, the national government gave out a total of P16.323 billion in financial support to state-owned firms, or ... (Publication: The Manila Times)

Source: State subsidies to GOCCs decline at end-November
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