Elizabeth Marcelo – The Philippine Star October 18, 2022 | 12:00am MANILA, Philippines — The Quezon City government, under Mayor Joy Belmonte, has retained the distinction as the country’s richest local government unit (LGU) with total assets of P451.007 billion in 2021, the Commission on Audit (COA)’s latest report showed. COA’s 2021 Annual Financial Report on Local Government, uploaded on its website on Oct. 10, showed that the QC government was leading by a wide margin over other LGUs in terms of total assets despite a P1.3-billion decrease from P452.333 billion in 2020. The COA explained t…