Republic of the Philippines
Municipality of Lopez Jaena
Mission for Progress and Good Governance
FULL DISCLOSURE POLICY
It is the government’s policy that requires certain local officials of provinces, cities, and municipalities to fully disclose particular financial transactions of the LGU to keep their constituents informed of how the LGU budget is managed, disbursed and used.
IMPORTANCE OF FULL DISCLOSURE
- Help minimize, if not totally prevent corruption and misuse of public funds
- Increase the people’s awareness of the available public funds and the allocated amount for development projects in their localities
- Promote honest, transparent, and orderly management of public funds
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