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Marco Luis Beech - The Philippine Star
December 26, 2025 | 12:00am
According to the latest data from the Bureau of the Treasury, government subsidies for the 11-month period declined to P95.85 billion from P129.4 billion in the same period last year.
Bureau of the Treasury FB Page / File
MANILA, Philippines — The total amount of subsidies given to government-owned and controlled corporations (GOCCs) plummeted by 26 percent from January to November, with the bulk of the funding earmarked for food stability and irrigation.
According to the latest data from the Bureau of the Treasury, government subsidies for the 11-month period declined to P95.85 billion from P129.4 billion in the same period last year.
Government subsidies to major non-financial government corporations accounted for 61.5 percent of the total subsidies, followed by other government corporations at 38 percent and government financial corporations at 0.5 percent.
The administration’s subsidies for major non-financial government corporations decreased by 33 percent to P58.93 billion from P88.15 billion a year ago.
On the other hand, subsidies for other government corporations increased slightly by two percent to P36.4 billion from P35.72 billion recorded in the same period last year.
The government extends subsidies to GOCCs to cover operational expenses that their own revenues fall short of financing, ensuring uninterrupted service delivery and supporting activities that go beyond their self-generated income.
The National Irrigation Administration (NIA) received 41.4 percent of the total subsidies during the 11-month period, amounting to P39.73 billion. This was lower by 40.7 percent compared to the P67.05 billion recorded in the same period a year ago.
NIA is followed by the National Food Authority which received P13.65 billion and the Power Sector Assets and Liabilities Management Corp. with P8 billion.
In November, the Department of Finance signed a tripartite memorandum of agreement to create a stronger framework for supervising and overseeing GOCCs.
The agreement underpins performance tracking under the enhanced Integrated Corporate Reporting System, enabling government agencies to monitor GOCC progress, identify risks and enhance operational efficiency.
Next year, the Philippine Health Insurance Corp., the state health insurer, is set to receive the largest government subsidy among all GOCCs following the zero subsidy this year.
