Makati exceeds revenue target in 2024 by 31 percent

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Makati exceeds revenue target in 2024 by 31 percent

//business-finance.news-articles.net/content/202 .. xceeds-revenue-target-in-2024-by-31-percent.html

Published in Business and Finance on Monday, January 27th 2025 at 9:41 GMT by MSN
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

The local government of Makati reached over P24.15 billion in revenue last year, exceeding its target by 31 percent, according to Mayor Abby Binay. In a statement on Monday, Binay said the revenue sources consist of collections from January to December.

The article from MSN discusses how Makati City, a major financial hub in the Philippines, has exceeded its revenue target for 2024 by 31 percent. According to the report, the city collected PHP 10.1 billion in the first four months of the year, surpassing the PHP 7.7 billion target set for that period. This performance was highlighted by Makati Mayor Abby Binay, who attributed the success to the city's robust economic activities and effective tax collection strategies. The article also notes that this financial achievement reflects the city's economic resilience and growth, despite global economic challenges.

Read the Full MSN Article at:
[ https://www.msn.com/en-ph/money/economy/makati-exceeds-revenue-target-in-2024-by-31-percent/ar-AA1xW7ZB ]

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