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GOCC subsidies slashed by 50% in Sept
The Philippine Star
|November 11, 2025
The total amount of subsidies granted by the Marcos administration to government-owned and controlled corporations (GOCCs) plunged by nearly 50 percent in September, with a significant portion of government support directed to food stability and irrigation.
According to the latest data from the Bureau of the Treasury, subsidies fell to P9.20 billion in September, from P18.22 billion in the same period last year.
The administration’s subsidies for major non-financial government corporations slightly declined by 1.45 percent to P6.81 billion from P6.91 billion in September last year.
About half of the P6.81 billion was allocated to the National Food Authority, which received the bulk of the allocation at P3.43 billion. This was followed by the National Irrigation Administration, which received P3.23 billion.
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