Govt infra spending falls by 11% in August

Oct 30, 2024 12:38 am

SPENDING on infrastructure and other capital outlays dropped in August due to lower disbursements by the Department of Public Works and Highways (DPWH), data from the Department of Budget and Management (DBM) showed.

Amid directives to increase expenditures to support economic growth, the amount spent for infrastructure projects dropped to P108.6 billion, 11.1 percent lower than the year-earlier P122.1 billion.

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