Performance Challenge Fund

Performance Challenge Fund for Local Government Units (For the full text click on the previous colored link).

Responsible Office: BLGD, BLGS
Summary:
INTRODUCTION

The passage of the Local Government Code in 1991 has put the spotlight on Local Government Units (LGUs), particularly on the huge responsibility that was entrusted to them as well as the amount of resources that are now at their disposal to effectively discharge the devolved functions.
LGUs’ share in national internal revenues called the Internal Revenue Allotment (IRA) has been increasing since 1991. For the period 2001–2008, the IRA accounted for 16.6 % of the total national government budget. For 2010, LGUs stand to receive P265.8 billion which accounts for 20.3% of the total national government budget.