A total of 1,522 or 89 percent of all local government units nationwide have passed the 2019 Good Financial Housekeeping standards of the Department of the Interior and Local Government.
Interior Secretary Eduardo Año said this represents an increase from the 86 percent passing rate in 2018. The Interior Secretary noted that passing the standards is a success in itself as it involves strict requirements and a nod from the Commission on Audit. It is also one of the criteria in awarding the Seal of Good Local Governance.
For LGUs to pass, they must comply with the Full Disclosure Policy by posting important financial documents in three “conspicuous places” and in the FDP Portal for all the quarters of 2018 and the first quarter of 2019.
Of all regions in the country, Año said the Davao Region had a 100-percent GFH passing rate. The Ilocos region recorded a 98 percent passing rate followed by Calabarzon at 97 percent.