The Fee on Audit’s report lined the establishment’s audited monetary statements, amongst others
Editor’s be aware: This press launch is sponsored by Pag-IBIG Fund and was dealt with by BrandRap, the gross sales and advertising and marketing arm of Rappler. No member of the information and editorial staff participated within the publishing of this piece.
Pag-IBIG Fund has as soon as once more earned an unmodified opinion from the Fee on Audit (COA), marking the 14th consecutive yr that the establishment acquired the state auditors’ highest audit opinion, officers introduced Friday, July 31.
In a letter dated June 18, COA stated its auditor expressed an unmodified opinion on the equity of presentation of the monetary statements of the Residence Improvement Mutual Fund, extra popularly often known as Pag-IBIG Fund, for the years ended Dec. 31, 2025 and 2024.
An unmodified opinion signifies that the auditor concluded that the monetary statements had been offered pretty, in all materials respects, in accordance with the relevant monetary reporting framework. The COA report lined Pag-IBIG Fund’s audited monetary statements, audit observations and proposals, and the standing of implementation of prior years’ audit suggestions.
Division of Human Settlements and City Improvement secretary Jose Ramon P. Aliling, who additionally serves as chairperson of the 11-member Pag-IBIG Fund Board of Trustees, stated the newest audit opinion affirms Pag-IBIG Fund’s dedication to sound monetary administration, good governance, transparency, and accountability in public service.
“This newest recognition from COA affirms that Pag-IBIG Fund continues to uphold the very best requirements of professionalism, prudence, and integrity in managing the hard-earned financial savings of Filipino employees,” Aliling stated. “It additionally reveals that sturdy governance permits Pag-IBIG Fund to stay financially sound and aware of the wants of its members, whereas supporting President Ferdinand R. Marcos Jr.’s directive to make homeownership extra accessible to Filipino households by way of the Expanded Pambansang Pabahay para sa Pilipino Program, or Expanded 4PH.”
COA beforehand issued unqualified opinions on Pag-IBIG Fund from 2012 to 2017 and unmodified opinions from 2018 to 2025. With this newest consequence, Pag-IBIG Fund has now acquired COA’s highest audit opinion for 14 straight years, inserting it amongst a choose group of Philippine authorities businesses and government-owned and managed companies which have sustained a decade-long monitor report of fiscal self-discipline, transparency, and accountability.
The newest COA opinion comes as Pag-IBIG Fund delivered one other milestone yr in 2025, with complete belongings reaching P1.23 trillion, members’ financial savings collections of P160.41 billion, housing mortgage releases of P140.54 billion, short-term mortgage releases of P94.16 billion, web revenue earlier than MP2 returns of P65.28 billion, and dividends declared for members totaling P64.34 billion.
Pag-IBIG Fund chief government officer Marilene C. Acosta stated the popularity is particularly significant as Pag-IBIG Fund’s sturdy efficiency in 2025 continues into 2026 by way of the sustained supply of its mandates to Filipino employees.
“Pag-IBIG Fund achieved one other milestone yr in 2025, with report ranges in belongings, revenue, and dividends for our members,” Acosta stated. “This 14th consecutive unmodified opinion from COA affirms that we achieved these sturdy outcomes whereas upholding the very best requirements of integrity, accountability, and transparency in public service.”
Acosta stated Pag-IBIG Fund stays targeted on sustaining this momentum in 2026 by serving to members develop their financial savings, entry inexpensive money loans, and obtain homeownership by way of its housing mortgage packages, together with its help for Marcos’ Expanded 4PH Program.
“This recognition assures our members that their financial savings are protected, protected, and responsibly managed. It additionally evokes us to work even tougher to ship packages and companies that assist Filipino employees save extra, earn extra, and obtain their dream of homeownership,” Acosta stated. – Rappler.com
