Recto: Marcos to highlight higher LGU tax shares in 5th Sona

In his upcoming fifth State of the Nation Address, President Ferdinand Marcos Jr. plans to emphasize the significant boost in local government units' (LGUs) share from national tax collections, set to rise to P1.19 trillion. This move aims to bolster local governance and infrastructure projects, reflecting a shift in fiscal policy to empower regional authorities. By highlighting this increase, Marcos underscores the administration's commitment to decentralizing financial resources, potentially fostering greater local development and responsiveness.