Subsidies to government-owned and -controlled corporations (GOCCs) dropped nearly 30% year on year to P5.334 billion in February, driven by reduced infrastructure-related disbursements, according to the Bureau of the Treasury (BTr).
The decline was largely due to the absence of funding for the Bases Conversion and Development Authority (BCDA), which received P1.9 billion in February 2025. BCDA's 2026 corporate operating budget shows a drop in project funding under the General Appropriations Act to P1.1 billion from P2.6 billion, as the agency shifts to US government and private sector support.
The Department of Budget and Management (DBM) has tightened spending amid limited fiscal space and plans to flag GOCCs that remain heavily dependent on state support for over a decade.
However, some agriculture-related agencies saw increased subsidies. The National Food Authority received P1.478 billion, and the Philippine Crop Insurance Corp. got P351 million—both received nothing last year. The Philippine Coconut Authority also got P105 million.
Subsidies to the National Irrigation Administration fell to P2.451 billion from P3.155 billion but remained among the largest. Health institutions also received significant support, including the Philippine Heart Center (P202 million), Philippine Children's Medical Center (P128 million), and National Kidney and Transplant Institute (P126 million).
For 2026, total GOCC subsidies are programmed at P264.82 billion, more than double the P127.43 billion in 2025.