GOCC dividends hit over P61B as of July

Jul 13, 2019 12:20 am

DIVIDENDS collected from government-owned and -controlled corporations (GOCCs) surged to more than P61 billion as of this month, the Department of Finance reported.

“As of July 2019, total dividend contributions from 53 GOCCs have…reached another record amount of P61.3 billion,” Finance Secretary Carlos Dominguez 3rd announced during the 2019 GOCC Day at Malacañang on Thursday.

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