Why not defund persistently nonperforming government-owned and controlled corporations (GOCCs) instead of merely reducing their subsidies, so the government can maximize its limited resources?
Sen. Panfilo “Ping” M. Lacson raised this possibility Thursday as he asked the government’s economic managers about their policy on GOCCs that still receive subsidies every year despite persistently generating no revenues or providing little or no apparent benefit.
In Filipino: Lacson: Bakit Hindi I-Defund ang mga Patuloy na Nonperforming GOCC?
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