By Justine Irish D. Tabile, Senior Reporter
THE RECOVERY in the National Government’s (NG) spending on infrastructure and other capital outlays is not expected until the fourth quarter, with outlays programmed to remain below year-earlier levels through September before surging toward yearend.
The Development Budget Coordination Committee programmed P251.30 billion in infrastructure and other capital outlays for the third quarter, 2.2% lower than the P256.9 billion spent a year earlier.
In the fourth quarter, infrastructure spending is then expected to jump by 49.4% to P328.44 billion, from P219.8 billion a year ago.
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