Dividends from state-owned firms up 46 in 2023

by sylpho4u · January 8, 2024

Dividends from state-owned firms up 46 in 2023- DIVIDENDS generated by government-owned or -controlled corporations (GOCCs) rose 46% in 2023, the Department of Finance (DoF) said. In a statement on Monday, the department said that its Privatization and Corporate Affairs Group collected P99.98 billion in dividends from GOCCs last year. “The increased dividend collection is a result of fiscal discipline that the DoF […]

Source: bworldonline.com