Mayor Pamintuan: Angeles City gross income reached P42.8B as of July
Angeles City Mayor Ed Pamintuan has announced that the local government has increased its gross income to P42.8 billion as of July this year from P25 billion in 2010.
The Pampanga politiko said this is because of the huge growth of business in Angeles City this year.
“The gross revenues of registered businesses in Angeles City grew by more than seventy percent as of July this year. This could increase to eighty percent or Php45 Billion before the end of the year,” Pamintuan said.
“There were 10,081 registered business establishments in 2010. This number has increased to 11,865 as of the end of July this year,” he added.
Pamintuan said businesses have thrived in Angeles City because there is no corruption in the city hall.
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