Daily News


Infrastructure, other capital outlays breach 2018 program

The Department of Budget and Management (DBM) reported that infrastructure spending and other capital outlays surged 41.3% to P803.6 billion in 2018 from P234.9 billion the previous year, exceeding the P775.4-billion program for that year by P3.6% or P28.3 billion. This despite the fact that infrastructure and other capital outlays fell 8.2% to P75.6 billion in December 2018 from P82.3 billion the past year. The DBM attributed the pickup in full-year infrastructure disbursements in 2018 to various projects, including new roads and bridges, road widening, improvement and rehabilitation works by the Department of Public Works and Highways (DPWH). The Armed Forces of the Philippines also acquired transport and combat equipment and navigation and communication facilities. Construction and rehabilitation of school buildings and computerization program of the Department of Education (DepEd), as well as the construction and repair of health facilities by the Department of Health (DoH) also contributed to the boost in spending.