Infra spending grows 25% in first 4 months – DBM

The government’s capital outlay grew by 25.4 percent to P93.7 billion in the first four months of the year from the same period in 2013, with most infrastructure disbursements in April channeled to rehabilitation works in communities hit by Super Typhoon Yolanda.

In a statement on Monday, the Department of Budget and Management (DBM) said the government extended its cumulative double-digit expansion for infrastructure disbursements year-on-year.