COA: GOCCs incur P691-B losses in 2021 : vimarsana.com

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Government-owned and controlled corporations (GOCCs) incurred more than P691.7 billion losses in 2021, the Commission on Audit (COA) said in its Annual Financial Report (AFR) submitted to President Ferdinand “Bongbong” Marcos Jr.



The 2021 AFR covered 156 GOCCs. Among th

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