MANILA, Dec. 1 – The Department of Finance (DOF) has required treasurers of local government units to include in their quarterly and annual financial reports to the DOF all environment and natural resources revenues and expenditures, particularly the payments made by the mining and other extractive industries to their respective LGUs. Since 2011, local treasurers have been required to report to the DOF on a quarterly and annual basis the fiscal and financial operations of […]