GOCCs to remit record P147B in 2026

Finance Secretary Frederick Go

MANILA, Philippines – Government-owned and -controlled corporations (GOCCs) are set to remit a record P147.15 billion in dividends to the national government in 2026, Finance Secretary Frederick Go said.

Speaking at the 2026 GOCCs’ Day at Malacañang on Tuesday, the finance chief said the amount was 29 percent higher than last year’s dividend remittances.

Republic Act No. 7656 or the Dividends Law directs GOCCs to remit at least 50 percent of their annual net earnings to the national government. In 2024, however, the Department of Finance (DOF) asked state-run firms to raise their dividend remittances to 75 percent of net income.

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