SUBSIDIES to government-owned and -controlled corporations (GOCCs) in November 2024 totaled P12.23 billion, higher than the P11.97 billion in October, as well as November 2023's P6.73 billion, the Bureau of the Treasury reported.

However, the GOCCs' year-to-date funding of P129.44 billion was lower than the P153.05 billion in January-November 2023.

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