Tag: local budget
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LGUs to Receive P1.2 Trillion National Tax Share in 2026: A New Era for Local Budgets
Big Increase in Local Fiscal Resources Expected in 2026 Local government units (LGUs) across the Philippines are set for a significant funding boost in 2026, receiving about P1.19 trillion from their shares of national taxes. This allocation marks a pivotal shift in local finance, equipping LGUs with greater resources to expand public services, infrastructure, and…
