BPC secures an additional P1.2bn subsidy
Friday, February 21, 2025 | 1330 Views |
Below the mark: The BPC has battled to operate at breakeven levels without government support
PIC: PHATSIMO KAPENG
In the original Transitional National Development Plan (TNDP) which was due to run from April 2023 to March 31, 2025, the BPC was due for a subsidy of P1 billion. However, the Corporation in August 2023 secured an extra P1.18 billion through Parliament.
The latest estimates show that the BPC will get another boost in the financial year that starts on April 1.
“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...