GOCCs Liabilities and Monitoring System (GLaMS)
Welcome to GLaMS!
The Government-Owned or-Controlled Corporations Liabilities and Monitoring System (GLaMS) is an enhanced web-based system for reporting and processing of GOCCs debt and liabilities data. It aims to streamline the GOCCs data reporting process through paperless and direct input from the GOCCs, and provide more comprehensive information on the liabilities of GOCCs which is essential for risk analysis, debt management, and policy formulation.
The GLaMS will support the Department of Finance (DOF) in performing its mandate in the management of public sector debt. The DOF through its Corporate Affairs Group (CAG) has been promoting the efficient and timely compliance to liabilities reporting under the system that will measure the GOCCs’ performance in managing its liabilities and the efficient utilization of borrowed funds.
The system will enable the users to have the following operations to provide accurate and timely information for analysis and debt management: (i) Record all information concerning debt; (ii) Record drawings/availments, loan utilization and status; (iii) Produce a standard and customized reports; and, (iv) Perform analysis of the debt portfolio.