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Infrastructure spending expected to accelerate after election pause

31 July 2025
in Business
Reading Time: 2 mins read
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Infrastructure spending expected to accelerate after election pause
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INFRASTRUCTURE spending is expected to pick up in the third quarter after a pause during the run-up to the May elections, the Department of Finance (DoF) said.

“We expect that to pick up in the third quarter,” Finance Undersecretary and Chief Economist Domini S. Velasquez said on the sidelines of an event on Thursday.

The Department of Budget and Management (DBM) reported that spending on infrastructure and other capital outlays declined 9.2% to P123.8 billion in May.

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