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Privatization ng non-performing assets ng pamahalaan, isinusulong
PTVPhilippines
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1/26/2025
Privatization ng non-performing assets ng pamahalaan, isinusulong
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Transcript
Display full video transcript
00:00
The finance department is working hard to make the government's assets unprofitable
00:07
or the non-performing assets.
00:10
According to Finance Secretary Ralph Recto, this will help to fund the 2025 national budget
00:16
and for the government not to spend on the maintenance of assets that are not earning.
00:21
As of now, more than 28,000 non-performing assets have been transferred to the government
00:27
of the DOF's Privatization Management Office.
00:32
The Social Security System and Government Service Insurance System have also been updated
00:39
for the assets that can be invested in their jobs.
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