The implementation of the Mandanas-Garcia ruling may likely drag down the country’s economic recovery due to less efficient spending by local government units (LGUs), the Department of Finance (DOF) warned. Finance Secretary Carlos G. Dominguez III said Tuesday, Nov. 30, that the economy, as measured by gross domestic product (GDP), ...

Source: Manila Bulletin (https://mb.com.ph/2021/11/30/mandanas-garcia-ruling-to-weaken-growth-dof/?utm_source=rss&utm_medium=rss&utm_campaign=mandanas-garcia-ruling-to-weaken-growth-dof)