Pagcor allots P137.51B for nation-building initiatives

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The story "Pagcor allots P137.51B for nation-building initiatives" was covered 20 hours ago by Business Mirror, a news publisher based in Philippines.

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Pagcor allots P137.51B for nation-building initiatives - Business Mirror

Quick Summary:

State-run Philippine Amusement and Gaming Corporation (Pagcor) is expected to contribute P137.51 for nation-building initiatives this year and in 2025.

Pagcor Chairman Alejandro Tengco said P72.21 million would be given to the Department of Justice’s Board of Claims to compensate persons who were wrongfully imprisoned.

Pagcor is also seen to raise P101.42 billion next year and will remit P69.47 billion of its earnings to the national government.