SUBSIDIES provided to government-owned and -controlled corporations (GOCCs) rose 30.24% year on year in October, the Bureau of the Treasury (BTr) said. The Treasury said budgetary support to GOCCs totaled P11.97 billion in October, up from P9.19 billion a year earlier. Month on month, GOCC subsidies declined 34.30% from P18.22 billion in September. State-owned firms […]
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