Search results
Results From The WOW.Com Content Network
The national debt of the Philippines is the total debt, or unpaid borrowed funds, carried by the national government of the Philippines. As of the end of October 2024, the total national debt of the Philippines amounts to ₱15.1889 trillion ($273.9 billion). [1]
For instance, 1st class cities have an income of ₱ 400 million or more, while 6th class cities earn less than ₱ 80 million in a four-year period. Each city is governed by both the Local Government Code of 1991 [2] and the city's own municipal charter, under the laws of the Philippines.
This is a complete list of cities and municipalities in the Philippines. The Philippines is administratively divided into 82 provinces ( Filipino : lalawigan ). These, together with the National Capital Region , are further subdivided into cities (Filipino: lungsod ) and municipalities (Filipino: bayan ).
In the Philippines, this is characterized by continuous and increasing levels of debt and budget deficits, though there were improvements in the last few years of the first decade of the 21st century. [2] The Philippine government's main source of revenue are taxes, with some non-tax revenue also being collected. To finance fiscal deficit and ...
This is a list of regions and highly urbanized cities of the Philippines by GDP and GDP per capita according to the data by the Philippine Statistics Authority. [1] [2] Data for 2023 estimates (international US$ using 2023 PPP conversion factor from the International Monetary Fund). [3]
In 2020, 54% of the Philippine population lived in urban areas [11] encompassing many cities. Growth in some cities has led to urban spillover in adjacent municipalities. Metro Manila was created in 1975 with the establishment of the Metro Manila Commission.
A city (Filipino: lungsod or siyudad) is one of the units of local government in the Philippines.All Philippine cities are chartered cities (Filipino: nakakartang lungsod), whose existence as corporate and administrative entities is governed by their own specific municipal charters in addition to the Local Government Code of 1991, which specifies their administrative structure and powers.
Ever since its inception to the present day, the term "municipality" holds the same definition as "town" when the first towns grew in size under the Spanish pueblo system (pueblo meaning "town" in Spanish language) to be granted municipal charters, hence the current official term for such type of settlements.