BusinessWorld PhilippinesPHpolicyAug 23, 2026, 12:11 PMImpact 52.98

GOCC subsidy disbursements fall short of H1 target

SUBSIDY DISBURSEMENTS to government-owned and -controlled corporations (GOCCs) failed to hit the targeted total for the first half, leaving nearly two-thirds of the full-year target still undisbursed. The Development Budget Coordination Committee’s quarterly fiscal program indicated that subsidy releases budgeted at P180.41 billion in the first half, comprising P26.84 billion in actual first-quarter disbursements and […]