SBMA turns over revenues to local gov’ts

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SBMA turns over revenues to local gov’ts
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SUBIC BAY FREEPORT—The Subic Bay Metropolitan Authority (SBMA) formally turned over revenue shares for local government units (LGUs) covered by

SBMA chairman and administrator Jonathan D. Tan led the turnover of the revenues to mayors of the eight LGUs.

Grateful for the positive turnout of LGU officials, Tan gave a briefing of the future development projects that the agency will be undertaking during the next few years of his term. “The more investments we get, the more jobs we create. The more revenues we generate, the more shares the LGUs get,” he added.

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