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The government surpassed its infrastructure and capital spending program for last year despite lower disbursements in December, the Department of Budget and Management (DBM) said on Friday. The department’s latest disbursement data showed that spending declInfra, capital spending hits P681B in 2020
The government surpassed its infrastructure and capital spending program for last year despite lower disbursements in December, the Department of Budget and Management (DBM) said on Friday. The department’s latest disbursement data showed that spending declined to P132.3 billion in the last month of 2020, down 25.6 percent from P177.9 billion a year earlier. It […] Read more