GOCC DIVIDEND REMITTANCES REACH RECORD P147.15 BILLION IN 2026

President Ferdinand Marcos Jr. commended 50 government-owned and -controlled corporations (GOCCs) for remitting a record P147.15 billion in dividends to the national government in 2026.

He said the funds could finance key projects such as classrooms, housing, and farm-to-market roads without imposing additional taxes on Filipinos.

The projected collections are 26 percent higher than last year’s record and bring total GOCC remittances under the current administration to more than P501 billion.

Among the top contributors were the Bangko Sentral ng Pilipinas, Land Bank of the Philippines, and the Philippine Deposit Insurance Corporation.

Marcos also urged GOCCs to continue improving efficiency, transparency, and accountability in managing public funds.

Source: PhilNews24 | July 9, 2026

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