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Government to tweak guidelines in privatization of assets | Reine Juvierre S. Alberto - Vimarsana News

Government to tweak guidelines in privatization of assets | Reine Juvierre S. Alberto

To surpass last year’s gains from selling state assets, the Privatization and Management Office (PMO) is seeking to amend the guidelines of the Privatization Councils (PrC). Finance Undersecretary for Privatization and Corporate Affairs Catherine L. Fong told reporters last Tuesday the PMO targets to raise more than the P1.2 billion…

Sale of govt assets hits ₱1.21Bvia 'strong privatization push' - Vimarsana News

Sale of govt assets hits ₱1.21Bvia 'strong privatization push'

THE Privatization and Management Office (PMO) has earned P1.21 billion this year from the sale of government assets, surpassing its performance from 2018 to 2021, the Department of Finance (DOF) said. The DOF said the PMO has remitted P1.21 billion to the national treasury this year, “exceeding its target 84.6…