Cebu still PH’s richest province

By Gabriela Baron

For the eight consecutive time, Cebu is still the richest province in the country, according to the Commission on Audit (COA).

Based on COA’s Annual Financial Report on Local Government Unit, Cebu had a total of P215.270 billion in assets.

Cebu was followed by Rizal, which had P30.637 billion in assets.

COA also named the following among the country’s richest provinces.

  • Batangas P29.705 billion
  • Davao de Oro P23.211 billion
  • Bukidnon P19.455 billion
  • Negros Occidental P18.025 billion
  • Ilocos Sur P17.907 billion
  • Iloilo P17.399 billion
  • Isabela P16.419 billion
  • Palawan P16.108 billion

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