Cagayan de Oro City is among the top three billionaire cities outside Metro Manila with an income that has already reached to P2 billion in 2013.
The data from the Department of Finance – Bureau of Local Government Finance (DOF-BLGF) clearly revealed that the city’s estimated annual regular income (ARI) has amounted to P2,046,204,978 last year. Davao topped among the cities outside NCR followed by Cebu and Cagayan de Oro. The photo below shows the highest earning cities.
Photo by Vincent Tom Udasco