INFRASTRUCTURE SPENDING by the National Government declined by an annual 11.1% in August as heavy rains hampered the implementation of public works projects, the Department of Budget and Management (DBM) said.
In its latest report posted on its website on Tuesday, the DBM said infrastructure and other capital outlays fell to P108.6 billion from P122.1 billion a year earlier.
Month on month, infrastructure spending dropped by 13.1% from P125 billion in July.
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