The government’s disbursements for infrastructure and other capital outlays jumped by 18.3 percent in September, according to the Department of Budget and Management (DBM).
Data from the DBM showed that infrastructure and other capital outlays rose to P117.3 billion, marking an increase of P18.1 billion.
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The increase was primarily attributed to the implementation of infrastructure projects by the Department of Public Works and Highways (DPWH) nationwide.
These projects include the construction, rehabilitation, and preventive maintenance of roads, bridges, and flood control structures. Additionally, capital outlay projects under the Revised Armed Forces of the Philippines Modernization Program of the Department of National Defense, and the Rice Competitiveness Enhancement Fund Mechanization Program of the Philippine Center for Postharvest Development and Mechanization contributed to this surge,” the DBM reported.
As of the end of September, the DBM noted that infrastructure and other capital outlays had increased by P137.3 billion, or 19.1 percent, reaching P857.6 billion. This robust growth was attributed to the strong spending performance of the DPWH and the constructive receipt of cash payments by the Department of Transportation for their foreign-assisted rail transport projects.
Moreover, it surpassed the P740.7 billion program by P116.9 billion, or 15.8 percent, driven by the settlement of accounts payables and the accelerated implementation of infrastructure activities by the DPWH.