THE Commission on Audit’s (CoA) rules on disposing idle government assets must be relaxed to allow state agencies to sell serviceable properties, Finance Secretary Carlos Dominguez 3rd said.
In a statement, the Department of Finance (DoF) quoted Dominguez as saying that CoA Circular 89-296, which required such assets to be sold at their appraised values, had hampered, rather than facilitated, government efforts to dispose them.
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