Govt exceeds 2017 infra spending goal

The national government surpassed its infrastructure and other capital spending target last year, the Budget department said on Wednesday, with resources used for priority public works, defense, local governments and education projects.

Budget Secretary Benjamin Diokno said in a briefing that the administration spent P568.8 billion for infrastructure and other capital spending in 2017, 3.5 percent more than the P549.4-percent goal and also higher than 2016’s P493 billion.