With talks on federalism a major issue nowadays, a lot of studies and research are being conducted by various groups whether the planned federated states can really stand on their own.

In an article by the Philippine Center for Investigative Journalism entitled – “Stats on the state of the regions: A tricky tug of war for IRA, revenues”, Misamis Oriental is one among just nine (9) provinces nationwide with revenue collections higher than their respective Internal Revenue Allotment or IRA. The said report also stated that data collected from the Bureau of Internal Revenue, Philippine Statistics Authority (PSA), and Department of Budget and Management (DBM) revealed that Misamis Oriental ranks 7th among the 9 provinces with P7.6 billion revenues collected (2016) as compared to P6.2 billion IRA. Misamis Oriental includes Cagayan de Oro City which is the regional center. See table below.

image from http://pcij.org

Read more details in the link below.

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