Misamis Occidental ranks no. 5 in local revenue growth among Philippine provinces
Misamis Occidental has emerged as the fifth-highest province in local revenue growth in the Philippines for 2023. The province achieved an impressive year-on-year growth rate of 66.49% in local source revenues for the fiscal year 2023. This remarkable performance was honored with a prestigious national award from the Bureau of Local Government Finance (BLGF) during the 37th Anniversary Stakeholders’ Recognition ceremony in Manila on October 9, 2024, recognizing it as one of the top five provinces in the country for the highest increase in locally sourced income. “Through our strong commitment to effective fiscal management, we have achieved significant growth in our local revenues, totaling 94.74%,” said Governor Henry S. Oaminal. “I extend my heartfelt thanks to the hard work and dedication of our provincial environment officials and employees,” he added. Under his leadership, Governor Oaminal proudly received the BLGF award for Outstanding Growth in Local Revenues, presented by Dep