Tag: feb
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Infrastructure spending rises 27% in Feb.
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By Beatriz Marie D. Cruz, Reporter INFRASTRUCTURE spending jumped by 27% in February as the government ramped up road and defense modernization projects, the Department of Budget and Management (DBM) said. In the latest National Government (NG) disbursement report, infrastructure and other capital outlays rose by 26.6% or P16.7 billion…
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Debt service bill falls by 22% in Feb.
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THE NATIONAL Government’s (NG) debt service bill fell by 21.9% in February due to a drop in amortization payments, the Bureau of the Treasury (BTr) said.