10 months PMO remits P1.8 B to BTr in 2018, surpasses target MB |Biz
By Chino S. Leyco The Privatization Management Office (PMO) remitted record contributions to the Bureau of the Treasury, surpassing its target for last year, owing to strong revenues from the sale of several government assets.   DOF logo In a statement, the Department of Finance (DOF) reported yesterday that PMO remitted P1.8 billion to the state coffers in 2018, higher than its P659 million target by 173 percent. A report to Finance Secretary Carlos G. Dominguez III also showed that under the 2018 National Expenditure Program (NEP), the PMO is expected to collect a total of P732 million for the ... more