Why Carmona in Cavite is set to lose title as Philippines’ richest municipality

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Why Carmona in Cavite is set to lose title as Philippines’ richest municipality
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Should the cityhood bill become law, and be ratified in a plebiscite, Carmona will become the eighth city in the province of Cavite.

CAVITE, Philippines – With total assets of P6.212 billion, Carmona in Cavite was the richest municipality in 2021, based on the latest Annual Financial Report of the Commission on Audit .

The bill seeking Carmona’s cityhoold was approved by the Senate committee on local government in late September, after having been been re-filed only last June 30 and substituted on August 24. “Labindalawang taon na ang na ang lumipas mula nang simulan nating mangarap na maging ganap na siyudad ang mahal nating bayan ng Carmona. Ngayon, ikinagagalak kong ipaalam sa inyo na malapit nang matupad ang pangarap na ito,”

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