BusinessWorld E-paper
October 24, 2023
STATE INFRASTRUCTURE spending surged by 65.8% in August as the government ramped up the implementation of proj-ects, the Department of Budget and Management (DBM) said.
In its latest National Government (NG) disbursement report, the DBM said infrastructure and other capital outlays jumped to P122.1 billion in August from P73.7 billion in the same month a year ago.
