However, an analyst believes that infrastructure spending will gain traction moving forward. In the case of the ARMM, the DBM said implementation of a number of local infrastructure projects are still ongoing after delays in procurement due to the election ban. Meanwhile, the DBM said the July numbers brought the seven-month tally of infrastructure and other capital spending to rise by 41.8 percent to P267.7 billion from P188.7 billion. In the coming months, the implementation of major infrastructure projects in Metro Manila and major cities will go on a 24-hour, seven days a week basis. The P890-billion planned spending on purely infrastructure represents 5.2 percent of next year’s P3.35 trillion national budget, up 41 percent from this year’s target.
Source: Manila Times September 21, 2016 16:52 UTC