3-Year plan ensures hitting PH infra target – NEDA

The National Economic and Development Authority (NEDA) said the reinstitution of the three-year rolling infrastructure program (TRIP) in the national budget process starting 2017 ensures that the government’s target for increased investment in public infrastructure will be met.

Public infrastructure spending is targeted by the government to reach 5 percent of gross domestic product (GDP) in 2016 from 2 percent in 2012.