Las Piñas News

Las Piñas enhances fiscal management
Las Piñas City - In a dedicated effort to promote transparency, accountability, and efficiency in fiscal management, the City of Las Piñas conducted a comprehensive two-day re-orientation program on the local budget process and the preparation of the Annual Investment Program (AIP). The sessions took place from Monday, May 29th to Tuesday, May 30th at the Mayor Nene Aguilar DRRMO Building in BF Resort Village, Barangay Talon II.
The initiative aimed to provide key stakeholders, including department heads, local officials, and representatives from various sectors of the community, with a deeper understanding of the budgeting process and the formulation and implementation of the AIP. By enhancing knowledge and expertise in these areas, the city sought to ensure optimal allocation of public funds to address the needs of its residents effectively.
Led by the City Planning and Development Office and the City Budget Office, the re-orientation sessions delved into the intricacies of the local budget cycle. Participants gained insights into the various stages of budget formulation, review, and execution, enabling them to grasp the comprehensive process involved in fiscal management.
A key focus of the program was the preparation of the Annual Investment Program (AIP), which serves as a strategic blueprint for the city's development projects and programs. The AIP aligns resource allocation with the city's long-term development plans, ensuring that investments are channeled towards the most crucial areas. Participants were educated on the significance of thorough project evaluation and prioritization within the AIP framework.
The re-orientation program fostered an environment of collaboration and shared understanding among participants, encouraging dialogue and the exchange of ideas. Through interactive sessions, stakeholders engaged in discussions on best practices and challenges encountered in the budgeting process, promoting a holistic approach to fiscal management.
By equipping participants with a deeper understanding of the local budget process and the AIP, the City of Las Piñas aimed to enhance the transparency, accountability, and efficiency of its fiscal management practices. This re-orientation program exemplifies the city's commitment to responsible governance and the effective allocation of resources for the betterment of its community.
The insights gained from the re-orientation program will contribute to the formulation of sound fiscal policies and strategies that align with the city's development priorities. Las Piñas City remains dedicated to upholding the highest standards of fiscal management, ensuring that public funds are utilized optimally to drive sustainable growth and improve the quality of life for its residents.
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