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bworldonline.com - 7 month ago

GOCC subsidies top P4B in Jan.

SUBSIDIES provided to state-run firms rose to P4.39 billion in January, the Bureau of the Treasury said, after zero subsidies were issued to government-owned and -controlled corporations (GOCCs) a year earlier. In January, the National Food Authority received subsidies of P2.25 billion, followed by the National Irrigation Administration, which got P1.09 billion. Other GOCCs that [ ]


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