DAVAO CITY: Davao Oriental is seventh on the list of Mindanao’s ten wealthiest provinces.
In a Facebook post on Monday, the provincial government information office said Davao Oriental has a PHP408 million income in 2023.
The recognition was based on the Bureau of Local Government Finance’s 2023 Locally Sourced Income of Local Government Units.
Governor Niño Uy said the citation reflected their economic efforts and good governance. ‘Such recognition is not only an honor but an inspiration for the people to continue to strive and work together for a more prosperous future,’ he said.
Bukidnon topped the list with PHP1.034 billion, followed by Davao de Oro with PHP838 million, South Cotabato with PHP717 million, and North Cotabato with PHP716 million.
Also on the list are Misamis Oriental, which earned PHP573 million last year, Lanao del Norte with PHP532 million, Agusan del Sur with P385 million, Davao del Norte with PHP326 million, and Davao del Sur with PHP315 million.
As key factors for Davao Oriental’
s inclusion in the list, Uy said taxes and other revenues from the local sector have increased over the years, which meant higher funding for development projects.
He said the province’s priority programs remain in the areas of education, health, infrastructure, and tourism.
‘Currently, the provincial government is preparing new initiatives to improve the residents’ quality of life. The measures include investment in agriculture, technology, and sustainable development,’ the governor said.
Source: Philippines News Agency
