Manila Bulletin

Infra spending...

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the right-of-way acquisitio­n for the Southwest Integrated Transport System project and completed civil works for the LRT-2 East Extension project.”

In the first seven-months of the year, government’s infrastruc­ture and other capitals reached R297.5 billion, up by 11 percent compared with R267.7 in the same period last year.

Earlier, the DBM lowered its 2017 infrastruc­ture and other capital outlays target as actual disburseme­nts of funds continued to fall below programmed.

Based on a DBM report submitted to the Developmen­t Budget Coordinati­on Committee (DBCC), the funding for infrastruc­ture and other capital outlays this year was lowered by 10 percent to R549.4 billion from the original R603.4-billion target.

Under the revised program, the Duterte administra­tion is aiming to spend about R236.64 billion for infrastruc­ture and other capital outlays in the first semester.

Broken down, the government allocated R208.89 billion for pure infrastruc­ture and R27.75 billion for other capital outlays.

Following the adjustment­s, the DBM reported that the government surpassed its R108.9 billion revised spending goal for public works in the first three-months of the year by eight percent to R117.5 billion.

For the second-quarter, the DBM set an infrastruc­ture spending target of R127.74 billion. Of that amount, R112.76 billion is set aside for pure infrastruc­ture and the remaining R14.98 billion is for other capital outlays.

State spending on infrastruc­ture is expected to further increase in the third quarter as the government expects disburseme­nts to reach R137.79 billion, consisting of R121.63 billion for pure infrastruc­ture and R16.16 billion for other capital outlays.

For the final three months of the year, public works disburseme­nts are seen to improve further to R174.92 billion, of which, about R154.41 billion is allocated for infrastruc­ture and R20.51 billion for other capital outlays.

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