NG subsidies to GOCC shrink 14% to ₱18.22B

Quick Summary:

THE government’s budgetary support to state-run corporations contracted to P18.217 billion in September 2024, data from the Bureau of the Treasury (BTr) showed.

The Philippine Health Insurance Corporation (PhilHealth) cornered the bulk of subsidies for the month, amounting to P9.339 billion.

Last year, the government provided a total of P163.535 billion in budgetary support.‘Kristine’ farm damage hits ₱5.

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Article Details

Author / Journalist: Reine Juvierre S. Alberto

Category: BusinessStartups

Markets: Philippines

Topics: Year 2024 Billion September Percent Government National Corporations Budgetary Corporation Subsidies

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-03 @ 16:17:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 503 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23383786

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About Business Mirror

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Official Website: businessmirror.com.ph

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