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Manila Bulletin·3 min read·medium

GOCC dividends under Marcos top ₱500 billion, exceed Duterte-era haul by 31%

D
Derco Rosal
GOCC dividends under Marcos top ₱500 billion, exceed Duterte-era haul by 31%
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The Philippine government reported that dividends from government-owned and controlled corporations (GOCCs) have reached over ₱500 billion under President Marcos Jr., a 31% increase compared to the previous administration. These funds serve as a critical source of non-tax revenue for national development.

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Dividends collected under President Ferdinand R. Marcos Jr.’s administration have already exceeded half a trillion pesos since mid-2022, 31.2 percent higher than those under the Duterte administration and dwarfing the collections of the two earlier administrations.

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