ABOUT THE EVENT
In 2022, local governments will get a financial shot-in-the-arm. Executive Order 138, otherwise known as the Mandanas Ruling, will raise Internal Revenue Allotments (IRA) by 55% in the 2022 national budget to P1.08T. With the help of financial experts and mayors, the Lab on LGU Finance and the Mandanas Ruling presented a brief overview of the law and its effects in addressing inequality in financial resources among cities and municipalities. It also showed different ways local chief executives can effectively manage and use their financial resources to improve city governance, promote transparency, and attend to their citizens' needs.