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Manila Bulletin·2 min read·medium

Mayor Isko credits tight spending, debt settlement for Manila recovery

D
Diann Calucin
Mayor Isko credits tight spending, debt settlement for Manila recovery
AI Summary

Manila Mayor Isko Domagoso credits strict fiscal discipline and the settlement of inherited debts for the city's financial recovery. The administration implemented daily cash monitoring and improved accountability to stabilize the city's budget.

Speaking before newly elected officers of PICPA, Domagoso said the city faced serious financial challenges when he assumed office in July 2025, including mismanaged funds and unpaid obligations from the previous administration.

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