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CAAP remits P1.2B to national government
Summary by The Manila Times
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1 Articles
CAAP remits P1.2B to national government
MANILA, Philippines — The Civil Aviation Authority of the Philippines (CAAP) has remitted P1.2 billion to the national government, fulfilling its obligation as a government-owned and controlled corporation (GOCC).The funds will be absorbed into the national budget to help finance state-run public services.The remittance earned CAAP a place in the government's "Billionaires' Club," a distinction given to state corporations that remit at least P1 …
·Manila, Philippines (the)
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Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
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- 100% of the sources lean Right
100% Right
R 100%
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