Growth centers in Central Visayas identified to power development
Growth centers in Central Visayas identified to power development
Source: sunstar.com.ph
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Only 40% of LGU borrowing capacity used in 2022
Local government units continued to underutilize their borrowing capacities, as only 40 percent of the total was sought last year, according to the Bureau of Local Government Finance.
Source: philstar.com
DOF: LGU borrowing capacity still underutilized
Local government units should come up with capital investment plans following the devolution of national government functions, especially with the underutilization of their borrowing capacities.
Source: philstar.com
UNDP help sought to implement Mandanas Ruling
The Philippine government is seeking the assistance of a United Nations agency to help local government units in strengthening their financial absorptive capacity amid the implementation of the Mandanas Ruling.
Source: philstar.com
DOF urges LGUs: Speed up efforts to digitalize operations
The Department of Finance is calling on local government units to fast-track their digitalization efforts in a bid to improve economic growth.
Source: philstar.com