Board approvals will now be required from state firms applying for subsidies, a Cabinet official said.

“[B]efore we get any request, it should be supported by a board resolution,” Finance Secretary Carlos Dominguez 3rd told reporters in an interview.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details