Gov’t infra spending still down after 11 months

MANILA, Philippines — Signs of a turnaround in the Marcos administration’s infrastructure spending were still elusive in May, nearly a year after it began to slide, as tighter oversight continued to delay payments for public works projects. Latest data from the Department of Budget and Management (DBM) showed infrastructure and other capital outlays fell 35.3 percent […]...

Keep on reading: Gov’t infra spending still down after 11 months