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Zamora seeks revitalized San Juan City business sector to cover P1B in debts

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San Juan City Mayor Francis Zamora wants to revitalize San Juan’s business sector so that it could reel in more income to cover the city’s nearly P1 billion in obligations.

“We have to increase the income of the city. Unang-una papasiglahin natin ang business sector ,” Zamora said.Zamora disclosed on Monday the “true” financial status of the city government after the previous administration left almost P1-billion deficit.

Although his predecessor had turned over P1.3 billion, Zamora said this amount was already intended as payments for bidded-out projects.

 

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