That is why in 2011, we signed the GOCC Governance Act, which serves as the standard for integrity, credibility, and accountability in the management of our GOCCs. Its results: In 2011, the MWSS earned 333 million pesos, from the 34-million-peso loss of 2010.
Kaya noong 2011, pinirmahan natin ang GOCC Governance Act, na nagsisilbing saligan ng katapatan, kredibilidad, at pananagutan sa pamamalakad ng ating mga GOCC.