Home Guaranty Corp. has P12-B deficit, says COA; agency asked to avoid bond floats
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Home Guaranty Corp. has P12-B deficit, says COA; agency asked to avoid bond floats

Manila : Philippines | Jul 12, 2012 at 3:19 AM PDT
Source: Inquirer.net
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Philippines The Home Guaranty Corporation, tasked with providing shelter for the homeless and the poor, has a P12-billion deficit and may not be able to accomplish all of its duties, according to the Commission on Audit. The COA found that the government corporation had an accumulated deficit of P12.771... FULL ARTICLE AT Inquirer.net
 
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