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Gov't ramps up infra spending in Sept
The Philippine Star
|November 25, 2024
The government ramped up its infrastructure spending by nearly 17 percent in September amid higher disbursements for road projects, the Department of Budget and Management (DBM) said.
Based on the latest national government disbursement performance report of the DBM, state infrastructure expenditure and other capital outlays climbed by 16.9 percent to P137.1 billion in September from P117.3 billion a year ago.
The DBM attributed the infrastructure spending performance in September to the higher disbursements recorded by the Department of Public Works and Highways (DPWH).
The government also implemented various foreign-assisted projects of the Department of Transportation and capital outlay projects of the Department of National Defense (DND).
Diese Geschichte stammt aus der November 25, 2024-Ausgabe von The Philippine Star.
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