Govt gave more subsidies last year

Mar 02, 2020 12:13 am

State-run firms received more subsidies from the national government last year compared to what were provided for them in 2018, data from the Bureau of the Treasury showed over the weekend.

Forty state-run firms secured P201.52 billion in 2019, a 47.47-percent rise from the P136.65 billion in 2018.

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