DAVAO CITY – Davao del Norte province has been cited as the 2022 Good Financial Housekeeping (GFH) Passer in Region 11, according to a report by the Department of the Interior and Local Government (DILG) released Tuesday.
In the report, DILG recognized the province's exceptional financial management practices and commitment to transparency, accountability and good governance.
The GFH seeks to recognize local governments that excel in financial transparency. It is one of the components of the DILG’s Seal of Good Local Governance introduced in 2014.
"This award is a testament to the hard work and dedication of the entire Davao del Norte team. We are committed to ensuring the efficient use of public funds for the betterment of our community," Governor Edwin Jubahib said in a statement.
To be awarded the GFH accolade, local government units (LGUs) must meet accounting and auditing standard regulations and pass an evaluation by the Commission on Audit (COA).
"Good financial management is essential for sustainable development, and we will continue to prioritize this in our efforts to drive progress in Davao del Norte,” Jubahib said.
In addition, the provincial government must comply with the full disclosure policy, which involves the display of financial documents in three visible locations and on the full disclosure policy portal. (PNA)
