Go said dividend remittances from GOCCs provide an important source of government revenue that helps finance priority programs, including infrastructure, education, healthcare and other public initiatives.
The PCSO said its inclusion in the list reflects its continued dividend remittances to the national government while carrying out its mandate of generating funds for charitable programs.
PCSO revenues support various initiatives
The agency said revenues from its gaming operations support various initiatives, including medical assistance, donations of patient transport vehicles, institutional partnerships, corporate social responsibility programs and other services benefiting Filipinos nationwide.
PCSO also attributed the recognition to its fiscal management, transparency and governance practices while maintaining its charitable mission.
A total of 50 GOCCs generated a record P147.15 billion in dividend remittances this year, up 29 percent from the previous year's collection. Of this amount, P140 billion has already been remitted to the national government, with the remaining balance expected to be completed before year-end.
The PCSO said it remains committed to supporting government revenue generation while continuing to provide medical and health-related assistance and other charitable services to Filipinos.