Parañaque is the seventh wealthiest local government unit in Metro Manila while Quezon City is still the richest city in the country in terms of assets, the Commission on Audit’s 2022 Annual Financial Report showed.
MANILA, Philippines — Parañaque is the seventh wealthiest local government unit in Metro Manila while Quezon City is still the richest city in the country in terms of assets, the Commission on Audit’s 2022 Annual Financial Report showed.
Finishing fourth is Pasig with P52 billion, followed by Taguig with P40 billion, according to the COA report. Based on the 2022 actual revenue per office, BPLO is the top earning office, earning 45 percent of the total revenue of the city last year while the office of the treasurer contributed 15 percent.
Mayor Jose Relampagos of Panabo City in Davao del Norte is facing a graft complaint over the alleged illegal appointment of the city budget officer instead of the vice mayor as acting local chief executive while...
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