GOCC dividends under Marcos top ₱500 billion, exceed Duterte-era haul by 31%
The Philippine government reported that dividends from government-owned and controlled corporations (GOCCs) have reached over ₱500 billion under President Marcos Jr., a 31% increase compared to the previous administration. These funds serve as a critical source of non-tax revenue for national development.
Why it matters
The record-breaking dividend collection provides significant fiscal space for the current administration's national development projects.
Dividends collected under President Ferdinand R. Marcos Jr.’s administration have already exceeded half a trillion pesos since mid-2022, 31.2 percent higher than those under the Duterte administration and dwarfing the collections of the two earlier administrations.
The article relies on government data and financial reporting to compare administrative performance.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in