LCP, finance execs to help improve LGU's fiscal discipline

By Unknown
March 31, 2011 - Metro Manila

LCP President Mayor Oscar Rodriguez urged financial leaders to help cities improve their governance through sound fiscal discipline. As the honorary speaker in the 3rd Membership Meeting of the Financial Executives Institute of the Philippines (FINEX) in Makati City last March 16, 2011, Mayor Rodriguez said city mayors are faced with challenges that balance the demands of urbanization.

"City mayors, more than political beings, should also become sound economic managers to address the demands of urbanization. One of our goals (in the LCP) is to prove that fiscal discipline is possible in the local government units. That an LGU can be strategy-focused and at par with international standards for as long as this aspiration is tied with good governance," said Mayor Rodriguez.

Moreover, Mayor Rodriguez also enumerated LCP's different projects like the Procurement Transparency and Efficiency to Achieve the Millennium Development Goals (PROTECT-MDGs) and the Regulatory Simplification Project (RSP) that help improve government business transactions. In the PROTECT-MDGs, nine pilot cities are able to improve their procurement compliance and reduce costs through public bidding. In RSP, Metro Manila cities have streamlined business procedures thereby improving the number of local investments.

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