24/07/2025
Mayor Baste VS PNP Chief Nicholas Torre Boxing match
Baste
Age 37
Record:
1. A Financial Powerhouse
- Davao City is one of the wealthiest cities in the country.
- According to the 2023 Commission on Audit (COA) report, Davao ranked 9th in total assets and has remained debt-free for yearsโan extraordinary feat.
- City assets grew from โฑ26.6B in 2021 to โฑ29.7B in 2022, and then to โฑ32.9B in 2023.
- Net assets also rose from โฑ17.7B (2021) to โฑ24.9B in 2023.
2. Top Performance in Revenue Collection
- Recognized by the Department of FinanceโBLGF as one of the Top Performing Cities in Local Source Revenue (LSR) for both 2022 and 2023.
- #1 in Region XI across key financial performance indicators:
* Ratio of LSR to Total Income
* Total Local Source Revenues
* Yearly Growth in Local Revenues
- National rankings:
* #8 in 2023
* #7 in 2022
3. Unmatched Economic Growth
- In the first nine months of 2024 alone, Davao hit โฑ3.38 billion in approved investments, tripling its performance from 2023.
- The Davao City Investment and Promotion Center (DCIPC) surpassed its annual โฑ3B target through just four major projects.
4. High Competitiveness Scores
- Davao City ranked #1 in Economic Dynamism and Infrastructure among all highly urbanized cities in Visayas and Mindanao in the DTIโs 2024 CMCI.
- It scored high in areas like ICT development, online systems, disaster risk management, national directive compliance, and anti-red tape initiatives.
5. Record-Breaking Revenue Collection
- As of October 2024, the City Treasurerโs Office reported collections of โฑ11.88 billion, surpassing the โฑ11.36 billion collected during the same period in 2023.
6. Business Growth
- The Business Bureau reported a rise in restaurant registrations.
- In 2024, 1,083 out of 1,241 applicants have been issued permitsโsurpassing the previous yearโs 1,176 and showing steady year-on-year growth.
7. Davao City Leads Mindanao in 2023 GDP Share
- Davao City recorded the highest contribution to Mindanaoโs 2023 Gross Domestic Product (GDP) among 28 provinces and six Highly Urbanized Cities (HUCs), with a total output of โฑ532.54 billion, according to the Philippine Statistics Authorityโs (PSA) Provincial Product Accounts.
- This accounts for 14.8% of Mindanaoโs total GDP, which reached โฑ3.60 trillion in 2023. Cagayan de Oro City came in second with โฑ276.86 billion, followed by Bukidnon with โฑ258.31 billion.
- Davao Cityโs per capita GDP also saw an increaseโrising to โฑ271,958 in 2023 from โฑ258,811 in 2022. In terms of GDP growth, the city ranked second in Mindanao with a 7.5% growth rate.
8. Davao City Ranked 4th Best Startup Ecosystem in the Philippines, #1 in Mindanao
- In the 2024 Global Startup Index, Davao City was ranked as the 4th best startup ecosystem in the Philippines, and #1 in Mindanao.
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Naa pay most livable urban city, cleanest city, child friendly, debt free ug taas pa kau isumpay.
Nicholas Torre
Age 54
Record
Pinakulong si Quibs
Gidala sa Hague si PRRD
PNP Chief
3 mins response na boret
