The Duterte administration’s thrust to ramp up public spending has resulted in much lower state underspending, Budget Secretary Benjamin Diokno said on Friday.

“For the first half of 2017, spending was almost on the top vis-a-vis the programmed spending. We only underspent by P6 billion for the first half of 2017,” Diokno said during The Manila Times 6th Business Forum at the Marriott Hotel in Pasay.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details