STATE subsidies to nonfinancial government owned- and controlled-corporations (GOCCs) rose by double digits in the first eight months this year, the Department of Finance said.
MANILA, Philippines – Subsidies disbursed by the National Government to government-owned and controlled corporations (GOCCs) and state-owned agencies hit P6.981 billion from January to June, 90 percent higher than the P3.67 billion released in the same period last year, latest data from the Department of Finance (DOF) showed.
State subsidies to non-financial government corporations rose in the first quarter, the Department of Finance said.
The Supreme Court has ruled that the board of directors and consultants of the Bases Conversion and Development Authority are not entitled to year-end benefits.
Invoke Article 33 of the ILO constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of Forced Labour and Freedom of Association protocols.
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