RECENTLY, THE GOVERNANCE COMMISSION FOR GOCCs (Government-Owned or Controlled Corporations) had recommended the abolition of five government corporations in the wake of the pork barrel scandal.
The five corporations were largely instrumental in disbursing funds and overseeing the implementation of billions of pesos in pork barrel projects that were later found to have been assigned to ghost nongovernmental organizations.
These government corporations include the Philippine Forest Corporation, the National Agribusiness Corporation, the Technology Resources Center, the National Livelihood Development Corporation, and the ZNAC Rubber Estate Corporation.
What few people seem to realize is that the abolition of these corporations will result in the termination of employment of many civil servants.
For today’s Data a Day:
How many government employees will lose their jobs if President Benigno S. Aquino III abolishes the five government corporations allegedly involved in the pork barrel scandal?