Infra, capital spending plummeted in July
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State infrastructure and capital spending plunged to P52.3 billion in July, dragging the year-to-date tally, according to the Department of Budget and Management (DBM). In its latest disbursement report on Wednesday, the Budget department said the amount wasInfra, capital spending plummeted in July
State infrastructure and capital spending plunged to P52.3 billion in July, dragging the year-to-date tally, according to the Department of Budget and Management (DBM). In its latest disbursement report on Wednesday, the Budget department said the amount was a 30.4-decrease from the P75.2 billion spent in July 2019. It was also smaller than June’s P62.8 […] Read more