Public infrastructure spending in April climbed 45 percent year-on-year to P58.2 billion.
This was, however, lower than the March levels due mainly to the reimposition of stricter quarantine measures in the National Capital Region Plus in April.
The latest Department of Budget and Management (DBM) data showed that disbursements on infrastructure and other capital outlays last April rose from P40.1 billion a year ago. To recall, 75 percent of the economy ground to a halt last year as the country was placed under the enhanced community quarantine (ECQ) from mid-March to May 2020, which also delayed the implementation of big-ticket infrastructure projects.
The amount that the gover…
Keep on reading: April infra spending slowed due to stricter quarantine