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Manila Bulletin devider Philippines devider Metro Manila devider PLM receives P117.5M subsidy from Manila gov't

PLM receives P117.5M subsidy from Manila gov't

Published Jan 23, 2026 01:55 pm
Manila Mayor Francisco
Manila Mayor Francisco "Isko Moreno" Domagoso hands over two checks for P117.5 million to Pamantasan ng Lungsod ng Maynila (PLM) President Atty. Domingo "Sonny" Reyes Jr. as subsidy for the school during the mayor's surprise visit to the university on Friday, Jan. 23. (Photo from Manila PIO)
Manila Mayor Francisco "Isko Moreno" Domagoso personally handed over two checks for P117.5 million to Pamantasan ng Lungsod ng Maynila (PLM) President Atty. Domingo "Sonny" Reyes Jr. as subsidy for the city-run university during his surprise visit to PLM on Friday, Jan. 23.
According to Domagoso, the release covers two previously unpaid subsidy periods incurred under the previous administration as part of immediate efforts to stabilize PLM’s finances and prevent disruptions to its operations.
He clarified that despite the P117.5 million subsidy, the university still has P223.75 million in unpaid subsidies carried over from previous administrations.
"Bago ako naging mayor, nasa P250 million ang annual subsidy ng PLM. Sa unang termino ko, itinaas natin ito sa P360 million. Ang ginawa naman nila, binaba nila ng P210 million, hindi pa binigay. Ngayon, muli nating itataas ang subsidy ng PLM (Before I became mayor, the annual subsidy for PLM was P250 million. During my first term, we increased it to P360 million. What they did was reduced it by P210 million, and did not even give it. Now, we will increase the subsidy for PLM again)," Domagoso explained.
The mayor said the city government is prioritizing the settlement of unpaid obligations while working to restore predictable and adequate funding for the city-run university, which has suffered from financial strain due to delayed and incomplete subsidies.
The city’s finance team has also been instructed to study longer-term measures to strengthen PLM’s financial position, signaling that further adjustments to the university’s subsidy may follow as payments are normalized.
During the 26th City Government Directional Meeting held at the Manila City Hall last Jan. 19, Domagoso revealed the financial problem of PLM, saying that it is already on the brink of bankruptcy due to unpaid subsidies.
“PLM is also on the brink of bankruptcy. Hindi sila nabigyan for six quarters already. Bagama’t ako ay nagbigay [ng subsidy], hindi pa rin sapat (They have not been given a subsidy for six quarters already. Despite me giving them an initial subsidy, it is still not enough)," he noted.
He assured the public that the city government will immediately address the financial predicament of the school to ensure the continuation of the quality of learning it provides to Manileños.
“I’m going to confront this problem. We need to help PLM. PLM is producing top-notch students," the mayor stressed.

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PLM SUBSIDY METRO NEWS MANILA CITY ISKO MORENO DOMAGOSO
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