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QC Mayor Belmonte Declares City Debt-Free, Cites Doubled Budget
Quezon City Mayor Maria Josefina “Joy” Belmonte announced in her State of the City Address that the city has doubled its budget and achieved a debt-free status since 2019, without imposing new taxes, marking a significant financial turnaround.
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- QC 'Debt-Free,' Belmonte Declares
Quezon City Mayor Joy Belmonte announced that the city is now debt-free, marking a significant financial achievement in her eighth year as mayor. She highlighted the local government's strong financial standing and commitment to sustainable fiscal management since taking office in 2019.