The Subic Bay Metropolitan Authority (SBMA) is set to release a total of P74.5 million worth of revenue shares for the first semester of this year to communities adjacent to this premier freeport.
SBMA chairman and administrator Roberto Garcia said the figure consists of the P67.2-million revenue share for the first semester and the P7.3-million 10-percent retention withheld from the revenue share released in the first semester of 2011.
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