Iloilo City expects P300-M drop in 2023 IRA
REDUCTION.Mayor Jerry Trenas says the national tax share of Iloilo City will go down by PHP300 million in 2023. In a press conference on Monday (Sept. 12, 2022), Trenas said some of the appropriations of the city government will be affected.(Photo courtesy of Iloilo City FB page) ILOILO CITY-The city government here is expecting a PHP300-million reduction in its share from the national revenue in 2023. "We were told by DBM (Department of Budget and Management) that the Internal Revenue Allotment (IRA) will go down by PHP300 million. Wala pa final estimate together with the local income ne...