The Department of Budget and Management reported on Thursday that state infrastructure and capital outlays increased in March as a result of public works projects across the country. PHOTO BY ENRIQUE AGCAOILIState expenditures on infrastructure and capital outlays increased in March due to public works projects around the country, the Department of Budget and Management (DBM) said on Thursday. Disbursements picked up by 25.1 percent to P195.2 billion in the first quarter compared to P156.1 billion a year earlier. January-March infrastructure and capital expenditures raised overall state spending for the period to P1.01 trillion including maintenance, personnel services, and subsidies. This will be aided by the continuation of key health and social programs, infrastructure projects, loans to micro, small and medium enterprises, and other affected sectors.

Source: Manila Times May 20, 2021 16:39 UTC