Govt warns deferral of DFPC restructuring to harm GOCC | BusinessMirror

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Govt warns deferral of DFPC restructuring to harm GOCC | BusinessMirror
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The Governance Commission for Government-Owned and -Controlled Corporations (GCG) is warning that while it approved deferral of the restructuring plan of the Duty-Free Philippines Corp. (DFPC), this may negatively impact the latter.

THE Governance Commission for Government-Owned and -Controlled Corporations is warning that while it approved deferral of the restructuring plan of the Duty-Free Philippines Corp. , this may negatively impact the latter.

“GCG takes into consideration the inputs of the employees union and other government agencies concerned. The deferment will be granted to give way to a streamlined transition that will be beneficial to all concerned,” Quiroz added. The approved IRR was posted at the DFPC premises last March, officially marking the start of the implementation of the OSSP. This was four months after the GCG issued Memorandum Order 2022-08 in November last year. The order approved the DFPC’s restructuring plan with 32 organizational units a total of 345 positions.

The plan, however, remains pending after the GCG approved the DFPC’s request to defer the implementation of the IRR for the OSSP for 60 days beginning March 15.

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BusinessMirror /  🏆 19. in PH

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