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Sara leaves Davao as 8th richest city in PH

LAST SOCA.Davao City Mayor Sara Duterte-Carpio delivers her State of the City Address (SOCA) on Thursday (March 17, 2022) as she bids farewell to the Dabawenyos. She is the running-mate of presidential candidate Ferdinand Marcos Jr.(Screengrab) DAVAO CITY-Before leaving her office, Davao City Mayor Sara Duterte-Carpio on Thursday took pride in announcing the city has earned the eighth spot in the Commission of Audit's (COA) Top 10 Richest Cities in the Philippines as of December 2021. COA's 2020 Annual Financial Report, released in December 2021, showed that Davao City has accumulated total assets amounting to PHP23 billion above the cities of Caloocan and Zamboanga. Davao City made it to the list of Top 10 Richest Cities in terms of total assets in 2016, according to COA report, just when her father Rodrigo Duterte was elected to the highest executive position of the land and her taking over the mayoral seat. The report mentioned Davao City ranked ninth with PHP9.899 billion i

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