Infra, capital spending up markedly in July – Diokno

Infrastructure and other capital spending climbed by double digits in July on the back of the government’s “Build Build Build” program, Budget Secretary Benjamin Diokno said on Wednesday.

“Infrastructure and capital outlays owing to [the] ‘Build Build Build’ program continue to boost government spending as it reached P84.5 billion, surging P36.1 billion or 75 percent compared to July 2017,” he told reporters in a press briefing.