
President Rodrigo Duterte vowed record infrastructure outlays to around P860 billion next year. File photo MANILA, Philippines — Infrastructure spending grew the slowest in at least 16 months in July as a transition in government also pulled down expenditures in other areas, the Department of Budget and Management (DBM) reported on Wednesday. Capital outlays amounted to P45.9 billion during the first month of the Duterte administration, up just 0.8 percent year-on-year, much slower than the previous month’s 31.4-percent growth. The figure also marked the slowest growth since the 5.9-percent drop by the first quarter of 2015. Monthly data for January to March 2015 were unavailable. Broken down, actual infrastructure spending posted a “minimal” one-percent expansion to P38.7 billion. The balance was allotted for equity and support to local governments. “Although disbursements of the DPWH (Department of Public Works and Highways) increased by P5.9 billion… it was offset by lower disbursements in the DND (Department of National Defense) and the ARMM ( Autonomous Region in Muslim Mindanao),” DBM said in a statement on its website. Specifically, the DPWH had tie-up “convergence programs” for the building of health and school facilities with the Health and Education portfolios. While details of such projects were unavailable, declines in the DND and ARMM could however by timing and procurement issues. For the DND, DBM said programs for military modernization had already been bid out in the first half and that the rest are still “in various stages of procurement.” ARMM, meanwhile, still experienced “delays in procurement” due to the election ban which prohibited bidding of projects Read More …