Cagayan de Oro LGU Enhances Financial Management at PFM Competency Program

The Local Government Unit of Cagayan de Oro (LGU-CDO) actively participated in the 3-day Public Financial Management Competency Program (PFMCP) held from November 5, 2024, at the Limketkai Center. City Administrator Atty. Roy Hilario P. Raagas represented Mayor Klarex Uy, highlighting the administration’s dedication to enhancing financial management practices within the region. The program, organized by the Department of Budget and Management (DBM) in collaboration with financial management professionals, aimed to equip local government officials with advanced budget planning and financial transparency skills. This initiative underscores Cagayan de Oro’s commitment to responsible and transparent stewardship of public funds.

In a proactive step towards enhancing public financial governance, the Local Government Unit of Cagayan de Oro (LGU-CDO) participated in a comprehensive 3-day Public Financial Management Competency Program (PFMCP) held from November 5, 2024, at the Limketkai Center.

City Administrator Atty. Roy Hilario P. Raagas represented Mayor Klarex Uy at the event, underscoring the administration’s commitment to fostering robust regional financial systems and practices. This initiative aligns with the LGU’s goal of promoting accountability, efficiency, and transparency in managing public funds.

Organized by the Department of Budget and Management (DBM), in collaboration with leading financial management professionals, the PFMCP aimed to empower local government officials with modern budget planning and financial stewardship skills. The program combined a series of seminars and practical workshops, providing a platform for hands-on learning and strategy development.

Critical discussions revolved around strategic budget planning, ensuring efficient resource allocation, and implementing transparent processes that build trust with constituents. The initiative reflects Cagayan de Oro’s forward-thinking approach to public financial management and dedication to sustainable economic growth.

LGU-CDO’s participation in this capacity-building program marks a significant step in reinforcing its financial governance framework, demonstrating a clear commitment to excellence in public service.

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Photos courtesy of CIO’s Roel Felicitas.