House to allow transfer of excess funds to NG from GOCCs — lawmaker

THE House of Representatives is likely to keep a provision allowing the National Government (NG) to siphon unused funds of state-owned companies, according to a congressman, citing a consensus among lawmakers. “I think it will still be retained,” Party-list Rep. Ramon Rodrigo L. Gutierrez told a news briefing on Wednesday. “That’s the general consensus of […]

House to allow transfer of excess funds to NG from GOCCs — lawmaker
THE House of Representatives is likely to keep a provision allowing the National Government (NG) to siphon unused funds of state-owned companies, according to a congressman, citing a consensus among lawmakers. “I think it will still be retained,” Party-list Rep. Ramon Rodrigo L. Gutierrez told a news briefing on Wednesday. “That’s the general consensus of […]