Finance Secretary Frederick Go scrutinized the investment performance of the country’s biggest state financial institutions as the government seeks to protect public funds from potential losses.
Land Bank of the Philippines, Development Bank of the Philippines, Pag-IBIG Fund, Social Security System, Government Service Insurance System and Philippine Health Insurance Corp. presented their first-half 2026 results at the 16th meeting of the Asset Liability Management Committee (ALCO).
Philippine Guarantee Corp., Philippine Deposit Insurance Corp. and Philippine Crop Insurance Corp. were also part of the review.
Created in 2022, ALCO monitors the investments and financial health of state institutions to identify risks and safeguard government funds.
