Infrastructure spending up 37.3% in Q2

The government’s infrastructure spending in the second quarter of the year rose 37.3 percent due to the higher funding requirements of infrastructure development programs under the Department of Public Works and Highways (DPWH).

Expenditure on infrastructure and capital outlay (CO) surged to P81.8 billion in the April to June period from P59.6 billion in the same period last year, Budget and Management Secretary Florencio Abad told reporters in a press briefing on Wednesday.