Latest Breaking News On - He investment promotion agency ipa said it remitteda total of php5 6 billion in dividends to the national government from 2017 2021 peza director general charito plaza remittance made by duterte administration past five years is higher than combined remitted four administrations 1996 2016 ina span 20 - Page 1 : vimarsana.com

MANILA - While attracting investments into the country and creating jobs for Filipinos, the Philippine Economic Zone Authority (PEZA) has also remitted over PHP5.5 billion in dividends to the national government during the administration of President Rodrigo Duterte. In a statement Friday, the investment promotion agency (IPA) said it remitted a total of PHP5.6 billion in dividends to the national government from 2017 to 2021. PEZA Director General Charito Plaza said the remittance made by the Duterte administration in the past five years is higher than the combined dividends remitted by the past four administrations from 1996 to 2016. In a span of 20 years, the past administrations contributed PHP5.19 billion in dividends to the national coffers. For 2021 alone, PEZA remitted PHP898.47 million in dividends to the Bureau of the Treasury (BTr). "PEZA continues to remit high dividends brought by our existing and new investments, projects, and expansions from 2017 to 2021. Amidst the

Charito plazaRodrigo duterteBureau of the treasury btrPhilippine economic zone authorityPresident rodrigoGeneral charito plazaManila while attracting investments into the country and creating jobs for filipinosHe philippine economic zone authority peza has also remitted over php5 5 billion in dividends to the national government during administration of president rodrigo duterte ina statement fridayHe investment promotion agency ipa said it remitteda total of php5 6 billion in dividends to the national government from 2017 2021 peza director general charito plaza remittance made by duterte administration past five years is higher than combined remitted four administrations 1996 2016 ina span 20He past administrations contributed php5 19 billion in dividends to the national coffers for 2021 aloneEza remitted php898 47 million in dividends to the bureau of treasury btr quot peza continues remit high brought by our existing and new investmentsNd expansions from 2017 to 2021 amidst the pandemicPerations in our ecozones are unhampered and we continue to remit 50 percent of net income as dividends the national governmentUot plaza said meanwhileOrporate income tax cit from peza 2017 to 2021 stood at php2 89 billionOre than half of the cit contributed between 1996 and 2016 amounting to php4 96 billion in total