DBM: LGUs’ IRA allotments up to P648.9 billion for 2020

MANILA, Philippines -- The internal revenue allotment (IRA) shares to be disbursed by the Department of Budget and Management (DBM) next year will increase to P648.9 billion across 43,618 local government units (LGUs). Under Local Budget Memorandum No. 78 issued by DBM Officer-in-Charge Janet B. Abuel on May 15, the country's 82 provinces will get a combined P149.3 billion in IRA shares in 2020. The 145 cities, meanwhile, cornered a similar P149.3 billion in IRA for next year. A total of 1,478 municipalities will be granted a bigger P220.6 billion in IRA shares under the proposed P4.1-trillion cash-based national budget for 2020. Across 41,913 barangays, their combined IR...Keep on reading: DBM: LGUs’ IRA allotments up to P648.9 billion for 2020

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