MANILA, Philippines — The Marcos administration’s subsidies to government-owned and -controlled corporations (GOCCs) fell by nearly 40 percent in November as more agencies received no funding for the month. Data from the Bureau of the Treasury showed that budgetary support to state-run firms had declined by 38.9 percent to P7.47 billion in November, from P12.23 […]... Keep on reading: GOCC subsidies down 40% in November