The National Irrigation Administration (NIA) and the National Food Authority (NFA) received the biggest chunk of national government subsidies in the first quarter totaling P9.304 billion.
Data from the Bureau of the Treasury (BTr) showed the NIA received P5.769 billion while the NFA, P1.065 billion.
Based on data from the BTr, the subsidy made by the government for the first quarter of this year amounted to P9.304 billion, which is lower by 79.45 percent from the P45.288 billion disbursed in the same period last year.
Broken down, government-owned and -controlled
corporations that received a subsidy under the billion mark includes:
Philippine National Railways with P296 million, Philippine Children’s Medical
Center with P277 million, National Power Corp. with P273 million, Philippine
Fisheries Development Authority with P262 million, Small Business Corp. with
P250 million, Philippine Heart Center with P242 million, Philippine Coconut
Authority with P207 million, National Kidney and Transplant Institute with P150
million and Philippine Rice Research Institute with
Also included in the list of recipients for
the period are: the Cultural Center of the Philippines received P72 million,
the Lung Center of the Philippines with P71 million, the Center for
International Trade Expositions and Missions with P42 million, the Philippine
Institute for Development Studies with P33 million and the Subic Bay
with P19 million.
Furthermore, the Philippine Institute of Traditional and Alternative Health Care (Pitahc) and the People’s Television Network Inc. (PTNI) received P18 million each. Other entities that received subsidies include the following: the Light Rail Transit Authority with P15 million; Bases Conversion and Development Authority and the Tourism Infrastructure and Enterprise Zone Authority with P14 million each; Aurora Pacific Economic Zone and Freeport Authority, Southern Philippines Development Authority and Zamboanga City Special Economic Zone Authority with P12 million each; National Dairy Authority with P9 million; and, Credit Information Corp. with P5 million.