REVENUES generated by the national government through privatization recorded a triple-digit growth for the first two months of the year, exceeding its income for the same period a year ago. Data from the Bureau of the Treasury (BTr) showed that revenues raised by the Privatization and Management Office (PMO), an…
To surpass last year’s gains from selling state assets, the Privatization and Management Office (PMO) is seeking to amend the guidelines of the Privatization Councils (PrC). Finance Undersecretary for Privatization and Corporate Affairs Catherine L. Fong told reporters last Tuesday the PMO targets to raise more than the P1.2 billion…
THE Department of Finance (DOF) called on the private sector to collaborate with the government and invest in surface water resources projects in the country. According to DOF Undersecretary for Privatization and Corporate Affairs Catherine L. Fong, the government offers an “enticing menu of investment prospects” under its “Build Better…
THE Privatization and Management Office (PMO) has earned P1.21 billion this year from the sale of government assets, surpassing its performance from 2018 to 2021, the Department of Finance (DOF) said. The DOF said the PMO has remitted P1.21 billion to the national treasury this year, “exceeding its target 84.6…