Infrastructure spending posted a sharp increase in October last year, attributed to the robust disbursements made by the Department of Public Works and Highways (DPWH), data from the Department of Budget and Management (DBM) revealed. The Marcos administration’s infrastructure and other capital...
Efficient implementation of catch-up plans has positioned the Marcos administration to exceed its infrastructure spending target for this year, data from the Development Budget Coordination Committee (DBCC) showed. The DBCC, an inter-agency body responsible for setting the government’s...
Public infrastructure spending increased in May this year driven by the ongoing two railway projects, the Department of Budget and Management (DBM) reported on Tuesday, July 19. Based on the DBM's May disbursement performance report, the government’s infrastructure and other capital outlays...
Infrastructure spending accelerated last year, but it was mainly driven by low base effect of the Covid-19 pandemic in 2020, the Department of Budget and Management (DBM) reported. Public spending on infrastructure and other capital outlays rose 31 percent to P895.1 billion in 2021 from P681.5...
The Department of Budget and Management (DBM) said the government will continue to invest heavily in infrastructure projects next year, but at the same time provide essential funding support to foster socioeconomic recovery. In a statement, the DBM said Monday, August 23, that the national...