Gov’t subsidies to GOCCs decline in January 0 SHARES Share it! Of the total subsidies, more than half of it or P435 million went to the National Irrigation Administration (NIA). Other GOCCs that received their subsidies were Philippine Rice Research Institute (P49 million), Cultural Center of the Philippines (P24 million), Center for International Trade Expositions and Missions and Philippine Institute for Development Studies with P11 million each, as well as the National Dairy Authority (P9 million). In 2018, the national government disbursed P136.65 billion in subsidies to GOCCs, bulk of which went to national health programs, up by 4.2 percent from P131.08 billion in the previous year. This is, however, lower than the P162.55 billion subsidies programmed for the whole year.

Source: Manila Bulletin March 24, 2019 14:03 UTC