Philippines: Gov’t loses chance to boost infrastructure before outbreak with February outlays down
MANILA, Philippines — Caught off-guard, the Duterte government lost its chance to ramp up infrastructure spending before the coronavirus disease-2019 (COVID-19) outbreak hit, with capital outlays down as of February. In a spending report released Tuesday, the Department of Budget and Management (DBM) said capital outlays inched down 1.8% year-on-year to P60.1 billion in February. […]
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