Parañque get clean record on audit compliance in 2022

Parañaque City, one of the 10 wealthiest local government units in the country, spent 20 percent of its development fund for 2022 in accordance with guidelines except for Davao City, according to the Commission on Audit .

Section 287 of RA No 7160 or the Local Government Code requires all LGUs to set aside at least 20 percent of their Internal Revenue Allotment shares for development programs, projects, and activities that promote effective governance and the general welfare of the people. Parañaque City Mayor Eric Olivarez vowed the city government would align its 2023 and succeeding budgets to comply with existing rules and laws, particularly rules governing development funds.

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