Bongbong Marcos signs local gov’t income classification law


President Ferdinand Marcos Jr. has signed into law Republic Act No. 11964 which automatically classifies local governments according to their income to promote local autonomy and to enable local governments to realize their full economic potential. Under RA 11964, signed on Thursday, municipalities will be classified into five classes based on their income ranges as

Read more at : inquirer

Disclaimer : We make no assurance about the completeness and accuracy of the content of this website. All news on this website is collected from various sources hence information may or may not be true. Money Nations does not verify the reliability of the content published. We do not accept any accountability for loss or damage occurred as a result of reliability on the content of this website.