Seven years of prudent fiscal management, aggressive tax management strategies, as well as increasing efficiency and growing discipline in the management and use of our resources has made Quezon City one of the most competitive cities in the Philippines today.
At the center of economic competitiveness
As a result of Belmonte’s leadership, Quezon City’s reputation as a model of best practices is recognized in the local and international community.
Among the reasons cited consistently is the credibility of the local government whose governance initiatives have made Quezon City a favorite case study of international institutions like the World Bank, the Asian Development Bank and the Japan International Cooperation Agency. Other surveys and studies cite Quezon City for the dynamism of its local economy, the quality of life of its residents and the responsiveness of the local government in addressing business needs.
In 2007, Quezon City was ranked No. 7 Asian City of the Future, based on a survey commissioned by the London Financial Times through AsiaBiz strategy, an investment and trade promotion consultancy based in Singapore. It joined the ranks of Hong Kong, Singapore and Taipei, besting more than 200 Asian cities.
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