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Raised remittance rate lifts GOCC dividend to P40B

Raised remittance rate lifts GOCC dividend to P40B
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GOCC dividend rate raised to 75% – DoF | The Manila Times

MANDATORY dividend remittances from state-owned firms have been raised amid efforts to increase government revenues, the Department of Finance (DoF) said on Monday. ....

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GOCCs must remit 25% more dividends to national government

THE Department of Finance (DOF) has increased the mandated dividend remittance rate of government-owned and -controlled corporations (GOCCs) to the national treasury to at least 75 percent of their net earnings from the minimum 50 percent to improve non-tax revenue collections. Finance Secretary Ralph G. Recto told reporters in a… ....

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VERA FILES FACT SHEET: Para saan ba ang unprogrammed funds?

Ano ba ang unprogrammed funds? Para saan ito at ano ang kahulugan nito para sa mga Filipino? ....

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DBM insists P449B unprogrammed items in 2024 budget are 'not unconstitutional'

The Department of Budget and Management (DBM) on Wednesday defended the constitutionality of the P449.5 billion unprogrammed appropriations in the 2024 General Appropriations Act (GAA) after opposition lawmakers brought the issue to the Supreme Court. ....

Lucas Bersamin , Edcel Lagman , Sonny Angara , Amenah Pangandaman , Ferdinand Martin Romualdez , Juan Miguel Zubiri , Bureau Of Treasury , Supreme Court , Representative Elizaldy Co , Budget Department , Senate Minority Leader Aquilino Koko Pimentel , Department Of Budget , Appropriations Act , Secretary Amenah Pangandaman , Manila Bay , Albay Representative Edcel Lagman , Senate President Juan Miguel Zubiri , Speaker Ferdinand Martin Romualdez , Senator Sonny Angara , Executive Secretary Lucas Bersamin , Minority Leader Aquilino , Unprogrammed Appropriations , 2024 National Budget , Amenah Pangandaman ,