Government vows to catch up on 2022 infrastructure spending
The government is bent on meeting this year’s infrastructure spending program even as expenses remain below target as of end-September.
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The government is bent on meeting this year’s infrastructure spending program even as expenses remain below target as of end-September.
The government expects to fully digitalize the manner of releasing budget allocation to various agencies by the first quarter of 2023.
The government hiked its infrastructure expenses in the nine months to September this year largely on road projects, but this was still slightly below the P759-billion spending program amid delays due to the conduct of the recent elections.
DBM releases P5.2M for third tranche of cash aid
The government has released P5.2 billion to be distributed to low-income households most affected by the continued increase in the prices of basic commodities, the Department of Budget and Management announced yesterday.