MANILA, Philippines — For twelve straight years, the Home Development Mutual Fund (HDMF), also known as the Pag-IBIG Fund, earned the 'unmodified opinion' from the Commission on Audit (CoA), the funding agency has announced.
MANILA, Philippines — For twelve straight years, the Home Development Mutual Fund , also known as the Pag-IBIG Fund, earned the 'unmodified opinion' from the Commission on Audit , the funding agency has announced.According to a letter on June 21, the CoA informed Pag-IBIG that it had rendered an unmodified opinion on the fairness of the presentation of the government agency in its financial statements for 2023.
79 billion and also surpassing its housing records by releasing a total of P126.04 billion in housing loan takeouts, which is the highest in the agency's 43-year history.'This helped 96,848 members acquire new or better homes. Membership savings collection also reached a record high, with membership savings collections amounting to P89.26 billion,' Acosta said.
Fund Gets 'Unmodified Opinion' From Coa
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