FORMER Negros Occidental representative and vice gubernatorial bet Jeffrey Ferrer saw a booming Negros once the “just share” of Internal Revenue Allotment (IRA) will be released to local government units (LGUs).
“We see more developments and projects especially in terms of infrastructure and social services,” Ferrer said.
He made the reaction following the recent ruling of the Supreme Court (SC) that the “just share” of the LGUs shall be sourced from “all national taxes” and not just “national internal revenue taxes.”
The SC ruled on a six-year-old petition filed by Batangas Governor Hermilando Mandanas.
Mandanas wanted to stop in 2012 the Aquino administration’s IRA, saying it was below the “just share” of LGUs.
“The Court, voting 10-3, interpreted the basis for the ‘just share’ of LGUs under Section 6, Article X of the 1987 Constitution as being based on all national taxes and not only national internal revenue taxes, as provided in Section 284 of the Local Government Code,” the SC said.
Ferrer said he supports the advocacy of Ilocos Norte Governor Imee Marcos to implement the SC ruling.
If there will be just and enough IRA, previous projects that were not implemented will soon be realized, he added.