Gov't infra spending markedly falls in Nov

Feb 05, 2024 12:26 am

GOVERNMENT spending on infrastructure and other capital outlays plunged in November last year, data from the Budget department showed.

Despited directives to increase expenditures to support economic growth, the amount spent for infrastructure projects fell to P56.7 billion in November, nearly 30 percent lower than the previous year's P80.2 billion.

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