BusinessWorld E-paper
October 26, 2026
INFRASTRUCTURE SPENDING fell by 17% year on year in August, Budget department data showed, as economists warned that weak public investment likely weighed on Philippine economic growth in the third quarter.
Latest disbursements data from the Department of Budget and Management (DBM) showed infrastructure and other capital outlays fell by 16.9% or P14.4 billion to P70.5 billion in August from P84.9 billion in the same month a year ago.
