14 GOCCs to be abolished, six to be privatized

At least 14 more government owned and controlled corporations have been recommended to be abolished and six more have been recommended to be privatized this year.

 

Cesar Villanueva, chairman of the Governance Commission for GOCCs, said the commission aimed to bring down the number of GOCCs to 100 before yearend and to 88 by next year.

 

“Right now 'yung operative GOCCs are 116, we recommended 14 for abolition and we’ve recommended six, so far, for privatization. Our aim is we are hoping that by next year we will be down to about 88 robust and well-run GOCCs,” Purisima said during the hearing of GCG's proposed budget of P102.29-million for 2015.

 

He said their recommendations are now in the desk of President Benigno Aquino III.

 

“Some of them are already in the Office of the President, he’s overseeing them,” Villanueva said.

 

He did not name the GOCCs that will be abolished but said these will be the Landbank subsidiaries, which the GCG wanted to merge with the mother agency.

 

It also includes the Development Bank of the Philippines subsidiaries, which have scattered but limited functions, and Philippine National Oil Company subsidiaries, which the GCG wants to integrate to make the GOCC a more efficient mother company.

 

Villanueva said the purpose of the abolition was to clean up the GOCC sector.

 

“Some of them kumikita pero wala na sa mandate nila. Pag hindi nago-operate sa mandate nila, yun ang mangyayari. Maliligaw sila sa landas. And precisely the pork barrel scam was the proof. So we recommended to the President, even before the PDAF scam that they be abolished kasi yun ang trabaho namin,” he said.

 

Villanueva said some GOCCs duplicate other GOCCs functions.

 

“May tendency yung previous administrations na gawa sila nang gawa ng GOCCs kahit na duplicate para maraming per diems,” said Villanueva.

 

Earlier this year, President Aquino abolished 11 GOCCs and dissolved 14 others. 

 

Villanueva said they are in the process of liquidation for the dissolved and abolished GOCCs. —NB, GMA News