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The Department of Finance (DOF) of the Philippines announced that it has transferred over 28,000 non-performing assets to the Privatization and Management Office (PMO) for privatization, to optimize government resources and enhance fiscal liquidity.According to the statement from the Department of F
In order to generate revenue, has the Philippine government started to sell off land assets confiscated from POGO?On January 22, Philippine Finance Minister Ralph G. Recto revealed significant news: the government will auction off some state-owned assets, mainly including land, residential, and comm
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