Subsidies to GOCCs plunge 26% in end-NovemberAccording to the latest data from the Bureau of the Treasury, government subsidies for the 11-month period declined to P95.85 billion from P129.4 billion in the same period last year. MANILA, Philippines — The total amount of subsidies given to government-owned and controlled corporations (GOCCs) plummeted by 26 percent from January to November, with the bulk of the funding earmarked for food stability and irrigation. Government subsidies to major non-financial government corporations accounted for 61.5 percent of the total subsidies, followed by other government corporations at 38 percent and government financial corporations at 0.5 percent. The National Irrigation Administration (NIA) received 41.4 percent of the total subsidies during the 11-month period, amounting to P39.73 billion. This was lower by 40.7 percent compared to the P67.05 billion recorded in the same period a year ago.

Source: Philippine Star December 25, 2025 18:58 UTC