19/10/2022
Cebu is still the ‘WEALTHIEST PROVINCE’ in the Philippines! ✨
LOOK: Based on the latest Commission on Audit (COA) financial report, Cebu has maintained its status as the wealthiest province in the country for eighth consecutive years.
In its 2021 Annual Financial Report, COA ranked Cebu, considered as the economic center in southern Philippines, as the Philippines’ richest province in terms of equity and assets.
The COA report showed that Cebu Province’s assets soared to P215.27 billion in 2021 from P213 billion in 2020.
Source: COA
