Marcos signs law institutionalizing automatic LGU income classification
President Ferdinand "Bongbong" Marcos Jr. has signed into law the measure which institutionalizes the automatic income classification of local government units.
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President Ferdinand "Bongbong" Marcos Jr. has signed into law the measure which institutionalizes the automatic income classification of local government units.
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President Ferdinand Marcos Jr. signed into law on Thursday, October 26, 2023, Republic Act (RA) 11964, institutionalizing the automatic income classification of local government units (LGUs) to provide a more responsive approach to the promotion of local autonomy and to enable LGUs to realize their full economic potential.
“We believe that the institutionalization of automatic LGU income classification is a transformative step toward empowering LGUs to achieve their full
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