The Department of Budget and Management has released to local governments ((LGUs) P863.72 million which is 40 percent of the P2.158 billion collected in 2015 from the production of energy resources—petroleum, coal, geothermal, hydrothermal, and wind resources.
Local governments are entitled to receive from the national government 40 percent of the collection from energy resources production in 2015, the Department of Budget and Management (DBM) said on Tuesday.
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