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BCDA Remits Over P8.42 Billion to Treasury for AFP Modernization and Other Programs
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BCDA Remits Over P8.42 Billion to Treasury for AFP Modernization and Other Programs

The Bases Conversion and Development Authority (BCDA) has remitted over P8.42 billion in asset disposition proceeds to the Bureau of the Treasury. This brings the state-run firm's total remittances for the year, including dividends, to a record P14.1 billion, primarily allocated for the modernization of the Armed Forces of the Philippines.

Original source: GMA Money PhilippinesMore country news

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