Try GOLD - Free
Gov't infra spending overshoots program
The Philippine Star
|November 19, 2023
9-month outlay hits P858 B
The government ramped up infrastructure spending to P858 billion in the first nine months the year, largely to finance rail and road projects, the Department of Budget and Management (DBM) said.
Based on the latest national government disbursement performance report of the DBM, state infrastructure expenditure and other capital outlays jumped by 19 percent to P857.6 billion from January to September.
The figure is also 15.8 percent higher than the P740.7 billion infrastructure spending program set by the Cabinetlevel Development Budget Coordination Committee for the end-September period.
The DBM attributed the increase to the acceleration of implementation of various infrastructure projects of the Department of Public Works and Highways nationwide.
This story is from the November 19, 2023 edition of The Philippine Star.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Philippine Star
The Philippine Star
ICI wants Bonoan, 2 others probed over ghost project
The Independent Commission for Infrastructure (ICI) has asked the Office of the Ombudsman to investigate resigned public works chief Manuel Bonoan and two former undersecretaries for possible liability over a ₱72.3million \"ghost\" flood control project in Plaridel, Bulacan.
3 mins
November 05, 2025
The Philippine Star
BBM monitors Tino impact, response
President Marcos continues to monitor the impact of Typhoon Tino and the government's ongoing disaster response, as the storm affected more than 340,000 people across 1,397 barangays in seven regions.
4 mins
November 05, 2025
The Philippine Star
Typhoon Tino leaves Cebu in deep floods
48 dead, dozens missing
5 mins
November 05, 2025
The Philippine Star
Eradicating corruption? Start at the top, says MVP
Eradicating corruption in any organization starts with the person at the top, according to tycoon Manuel V. Pangilinan.
3 mins
November 05, 2025
The Philippine Star
2 Phl businesswomen make Forbes Asia power list
Two Filipinos made it to Forbes Asia's Power Businesswomen 2025 list that featured 20 female leaders \"at the forefront of the region's fast-evolving business and economic landscape.\"
1 min
November 05, 2025
The Philippine Star
Stocks rebound on bargain hunting
The local stock market bounced back after reaching a seven-month low on Monday, as investors took advantage of cheap prices.
1 min
November 05, 2025
The Philippine Star
AUTONIS AWARD 2025 HAILS DESIGN EXCELLENCE OF NEW BENTLEY CONTINENTAL GT
Leading German automotive magazine auto motor und sport honored the Bentley Continental GT with the Autonis Award 2025. This follows the Best Car in the Luxury Class award received by the definitive grand tourer from the publication.
2 mins
November 05, 2025
The Philippine Star
DA: Rice supply enough despite import ban
The Department of Agriculture expects the country’s rice inventory to reach up to 3.4 million metric tons (MT) by the end of the year - enough to last for 89 days amid President Marcos’ order to extend the rice importation ban until Dec. 31.
2 mins
November 05, 2025
The Philippine Star
POLE POSITION: HOW TOYOTA TOOK THE DRIVER'S SEAT AT THE 2025 JAPAN MOBILITY SHOW
At the biannual Japan Mobility Show 2025 still ongoing at the sprawling Big Sight Convention Center just a few minutes from downtown Tokyo, Toyota's enormous exhibit, which filled up the whole South Hall of Big Sight, showcased a broad spectrum of mobility concepts -not just your mainstream four-wheeled vehicles, but innovative new personal mobility concepts addressing highly diverse global transportation needs.
1 mins
November 05, 2025
The Philippine Star
Investigate officials higher than Zaldy Co
Jarius Bondoc
3 mins
November 05, 2025
Translate
Change font size