Priva target missed by wide margin in Q1

The national government had raised a total of P321 million in the first three months of 2025, barely making up one percent of its P101-billion privatization target for the year.

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According to the latest data from the Bureau of the Treasury (BTr), bulk or 92.5 percent of privatization income during the January-to-March period came from other earnings, not from the sale of government-owned idle assets.

Of the three months, the government earned the largest in March, raking P302 million into the national treasury.

This month, the Privatization Management Office (PMO), an attached agency of the Department of Finance (DOF), is eyeing to dispose of another 14 assets of the government, reaching a combined amount of P83.6 million. Offers to buy will be accepted until May 14 for assets located in Misamis Oriental and Cagayan De Oro City.