BBB: Laying the foundations of economic recovery
The government’s “Build, Build, Build” (BBB) program has been heralded as the cornerstone of the country’s recovery, as investments in infrastructure are said to have the highest multiplier effect on the economy.
“We have to continue prioritizing the infrastructure program to immediately create jobs, encourage investments and increase economic activity,” Finance Secretary Carlos Dominguez III said in August.
Hence, the government is aggressively ramping up spending for infrastructure projects amid the pandemic as the Build, Build, Build initiative will play a pivotal role in generating quality jobs, contributing to capital for…
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