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MANILA, Philippines – Finance Secretary Frederick Go hopes more government-owned and -controlled corporations (GOCCs) will join the government’s “billionaire’s club” next year by remitting at least P1 billion in dividends to the national government.
“We look forward to more joining the billionaire’s club. Twenty next year,” Go told reporters on the sidelines of an event.
READ: GOCCs set new record with P147-B dividend collections for 2026
Asked whether the government would continue encouraging GOCCs to remit at least 75 percent of their earnings, Go said it would do so as much as possible.
