THE Department of Transportation on Wednesday stated its sales-producing businesses and places of work remitted P25.78 billion to the national treasury final 12 months.
The Land Transportation Office (LTO) remitted P21.35 billion and the Maritime Industry Authority (Marina) transferred P1.12 billion. The Toll Regulatory Board sent P934 million, the Office of Transport Security (OTS) paid P831 million, and the Land Transportation Franchising Regulatory Board conveyed P689 million.
At P42.680 billion, the DoTr has obtained one of the highest allocations from the P3.002 trillion General Appropriations Act of 2016.
Three delivery offices transmitted dividends to the nation coffers in May, covering earnings in 2016. The Manila International Airport Authority remitted P2.26 billion, the Civil Aviation Authority of the Philippines transferred P1.Ninety eight billion, and the Philippine Ports Authority transmitted P1.Ninety five billion.
Transportation Secretary Arthur Tugade informed CAAP to transfer cash to the national coffers underneath his time period, since the company did remit P6.31 billion of dividends from 2011 to 2015.
In the first region of the 12 months, remittances from authorities-owned and controlled organizations totaled P7.1/2 billion, such as P5.76 billion from the LTO and P294 million every from Marina and the OTS.
The Land Transportation Office (LTO) remitted P21.35 billion and the Maritime Industry Authority (Marina) transferred P1.12 billion. The Toll Regulatory Board sent P934 million, the Office of Transport Security (OTS) paid P831 million, and the Land Transportation Franchising Regulatory Board conveyed P689 million.
At P42.680 billion, the DoTr has obtained one of the highest allocations from the P3.002 trillion General Appropriations Act of 2016.
Three delivery offices transmitted dividends to the nation coffers in May, covering earnings in 2016. The Manila International Airport Authority remitted P2.26 billion, the Civil Aviation Authority of the Philippines transferred P1.Ninety eight billion, and the Philippine Ports Authority transmitted P1.Ninety five billion.
Transportation Secretary Arthur Tugade informed CAAP to transfer cash to the national coffers underneath his time period, since the company did remit P6.31 billion of dividends from 2011 to 2015.
In the first region of the 12 months, remittances from authorities-owned and controlled organizations totaled P7.1/2 billion, such as P5.76 billion from the LTO and P294 million every from Marina and the OTS.
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