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GCG Secures ADB Grant to Improve Agency Reporting
The Philippine Star
|June 17, 2025
The Governance Commission for GOCCs (GCG) has secured a $250,000 (P14.12 million) grant from the Asian Development Bank (ADB) to develop the common reporting system (CRS) for state agencies.
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Financial data of GOCCs will be collated and reported under one system for easier access by the public. Corpus said the timeline for the CRS would still be discussed with the ADB.
The Manila-based multilateral lender will be the one to procure the consultant and system provider for the CRS.
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