Based on the latest national government disbursement performance report of the DBM, state infrastructure expenditure and other capital outlays jumped by 31.4 percent to P136.4 billion in May from P103.8 billion in the same period last year.
The DBM attributed this mainly to the more significant disbursements of the Department of Public Works and Highways (DPWH) for the construction of roads, bridges, flood control structures, hospitals and multi-purpose buildings.
The growth of infrastructure outlays was also driven by the Department of National Defense via its Revised Armed Forces of the Philippines Modernization Program.
Development partners also made direct payments for the Department of Transportation’s South Commuter Railway Project.
For the first five months, infrastructure spending picked up by nearly 22 percent to P472.1 billion from P387.8 billion a year ago.
Denne historien er fra July 28, 2024-utgaven av The Philippine Star.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra July 28, 2024-utgaven av The Philippine Star.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
'Lost Sabungeros' director thanks QCinema for docu-film's inclusion in 2024 lineup
Following the cancellation of its supposed Philippine premiere in another local independent film festival, the documentary film \"Lost Sabungeros\" is going to be finally screened at the QCinema International Film Festival 2024.
MASTERING THE ART OF FEAR
HOW DID NETFLIX PHILIPPINES' \"Outside\" fare in terms of viewership outside of the Philippines?
'Bona' leads Filipino cinema showcase at SGIFF's 35th edition
The 35th Singapore International Film Festival (SGIFF) is poised to celebrate Filipino cinema, showcasing the richness of storytelling and creativity that the Philippines has to offer.
JOAQUIN PEDRO VALDES ON STARRING IN 'PERCY JACKSON' MUSICAL, MEETING JUDI DENCH
Filipino actor Joaquin Pedro Valdes threw caution to the wind when he left his lucrative theater career in the Philippines in 2018 to try his luck in the United Kingdom as part of the touring ensemble of \"Miss Saigon.\" But it was a risk that has handsomely paid off for the seasoned theater star, who has since become one of the West End's busiest and most prolific leading men.
MY DREAM IS TO SAVE LIVES THROUGH EARLY CANCER DIAGNOSIS
This is the story about Joe and the moment that changed my life.
FINDING HISTORY & PIETY IN CAYSASAY CHURCH
Our Lady of Caysasay has been deeply and fondly venerated by Taaleños ever since the small wooden image of the Virgin Mary was found by a fisherman named Juan Maningcad in the waters of the Pansipit River in 1603.
CARTIER'S YOUNG LEADER AWARD WINNERS SHARE GEMS OF THOUGHT ON THE FUTURE
We have gone through rock 'n' roll and the Beatles. It's time we rocked the minds of people.
Kilig me softly
Kilig . That flutter in your heart, that smile that’s so wide it aches.
Megawide sells Cebu airport stake for P7.76 B
Megawide Construction Corp., the listed infrastructure and engineering company of tycoon Edgar Saavedra, has beefed up its balance sheet with the completion of the exchange of its remaining stake in Mactan Cebu International Airport (MCIA).
Nestle enters RE deal with Minergy
Nestlé Philippines Inc. is making significant strides in its sustainability journey via a partnership with Minergy Renewable Ventures Inc. (MRVI) to energize its Mindanao factory with clean power.