infrastructure spending - updates

Rappler's latest stories on infrastructure spending


Philippines to meet budget deficit target in 2018, says DOF

Nov 28, 2018 - 2:50 PM

The Bureau of the Treasury says the year-to-date fiscal gap stands at P438.1 billion of the P523.6-billion target cap

TARGET. Finance Secretary Carlos Dominguez III says the Philippine government will most likely hit the budget deficit ceiling targeted for 2018. Photo from Department of Finace

Road repairs lift infrastructure spending in August

Oct 15, 2017 - 11:25 PM

Disbursements for infrastructure and other capital outlays reach P40.1 billion in August, thanks to completed projects of the DPWH and other projects of the DepEd and DOH

ROAD REPAIRS. The Department of Budget and Management says disbursements for the month of September are seen to be substantial, owing to the huge infrastructure spending requirements of the public works and highways department. File photo by Jay Directo/AFP

#ThewRap: Things you need to know, September 11, 2017

Sep 11, 2017 - 11:37 AM

Hello Here are the stories you shouldn t miss this Monday

Has change really come? Misleading graphs and how to spot them

Aug 05, 2017 - 10:00 AM

Next time you encounter a graph don’t take it at face value Examine the variables scrutinize the labels check the sources and understand the message – all before you click share

#ThewRap: Things you need to know, July 7, 2017

Jul 07, 2017 - 10:03 AM

Hello Here are the stories you shouldn t miss this Friday

Duterte admin's infra spending in May highest in 6 months

Jul 06, 2017 - 10:10 PM

Infrastructure spending rises by 31 4 in May 2017 alone the highest since November 2016

DAY AND NIGHT. The Department of Public Works and Highways (DPWH) inspects the 24/7 construction of an infrastructure project along Quezon Avenue. Photo from DPWH

U.S. Fed: New rate hike likely coming 'soon'

May 25, 2017 - 10:35 AM

Most analysts expect two more rate increases this year likely in June and in September but there are now doubts over that schedule

RATE HIKE. Federal Reserve Board Chair Janet Yellen holds a news conference after the central bank announced an increase in the benchmark interest rate following a Federal Open Market Committee meeting on December 14, 2016 in Washington, DC. File photo by Chip Somodevilla/Getty Images/AFP

Citing Trump 'uncertainty,' Fed says faster rate hikes possible

Jan 05, 2017 - 1:05 PM

US President elect Donald Trump s pledge to slash taxes and ramp up infrastructure spending could boost demand above sustainable levels

WASHINGTON, DC - DECEMBER 14: Federal Reserve Board Chair Janet Yellen holds a news conference after the central bank announced an increase in the benchmark interest rate following a Federal Open Market Committee meeting December 14, 2016 in Washington, DC. With unemployment low and concern over inflation on the rise, the central bank decided to raise the federal interest rate by a quarter of a percentage point, moving from 0.25-0.50 percent to a range of 0.50 and 0.75 percent. Chip Somodevilla/Getty Images/AFP

Netizens grill PCOO over 'misleading' infra spending infographic

Nov 04, 2016 - 5:58 PM

The infographic compares past administrations actual infrastructure spending during their time in office to the Duterte administration s 2017 spending target

INFOGRAPHIC. The Presidential Communications Office posted infographics on the government's infrastructure spending over the years. Screengrab from PCO's Facebook page

Peso depreciation 'no cause for concern' – Diokno

Sep 27, 2016 - 1:00 PM

Budget Secretary Benjamin Diokno says the Philippines is still on track to meet its economic growth targets

PH business confidence in Q3 hits record high despite dip from Q2

Aug 27, 2016 - 4:22 PM

Despite the dip from the previous quarter the confidence index for the third quarter is the highest ever recorded and is expected to rebound by end of the year according to the latest BSP Business Expectations Survey

Strong Q2 showing maintains pace for more inclusive growth – DOF

Aug 18, 2016 - 7:00 PM

We expect to continue this growth trajectory but with a difference from the previous administration because we will be reducing poverty rates says Finance Secretary Carlos Dominguez III

Underspending still a challenge in the Philippines

Apr 18, 2016 - 12:25 AM

Underspending has long been a problem of the Aquino administration with the government repeatedly saying bottlenecks are being addressed

INFRASTRUCTURE DEVELOPMENT. In an effort to address underspending in 2014, the government earlier says it would increase infrastructure investments of the projected gross domestic product (GDP) in 2015. File photo by Francis Malasig/EPA

Foreign direct investments inch up in October

Jan 12, 2016 - 3:03 PM

The latest figure reflects favorable investor sentiment but FDI inflows is still down from January October 2015

SUSTAINED. The net inflows are sustained amid uncertainties in the global financial markets brought about by the interest rate lift off in the US and the economic slowdown in China. File photo by Agence France-Presse

PH growth seen to top most Asian countries in 2015

Sep 26, 2015 - 9:42 AM

While the Philippines is unlikely to hit its growth target this year increased government spending especially as the May 2016 elections draw near would help it surpass most Asian countries say FMIC and UA P

ELECTION SPENDING. The Philippine economy will pick up steam mainly due to early spending for the 2016 polls. Photo by Michael Buena/Rappler

Catch-up measures rev up infra spending in July

Sep 14, 2015 - 3:53 PM

The infrastructure spending and capital outlay for July alone surge to 92 9

UPSURGE. The upsurge in infrastructure and capital outlay disbursements was due mostly to the ongoing implementation of road work projects under the Department of Public Works and Highways (DPWH). In photo are President Benigno S. Aquino III, accompanied by Public Works and Highways (DPWH) Secretary Rogelio Singson during the photo exhibit on DPWH infrastructure projects after gracing the 117th anniversary of DPWH in June 2015. Photo by Lauro Montellano, Jr. / Malacañang Photo Bureau

Second half will be better – economists

Aug 27, 2015 - 8:25 PM

The Philippine economy will pick up steam due to the expected surge in OFW remittances more infra projects and early spending for the 2016 polls

SUNNIER OUTLOOK. Higher infrastructure spending, election multiplier, and robust OFW remittances will be the main drivers of Philippine economy in the second half of the year, economists say

PH gov't ramps up infrastructure spending

Aug 26, 2015 - 7:43 PM

Second quarter figures show that government spending is now at a steady and encouraging clip Budget Secretary Florencio Abad says

MORE INFRA. Higher requirements of infrastructure programs under the DPWH boosts government spending in the second quarter. File photo by Agence France-Presse

Gov’t reiterates commitment to PH infra dev’t

Apr 25, 2015 - 6:34 PM

NEDA chief Arsenio M Balisacan says the government is committed to increase public infrastructure spending to 5 or P826B by 2016

PPPs can add 2% to GDP annual growth - DOF

Apr 21, 2015 - 8:14 PM

The government has identified and lined up public private partnership projects making it easier for the next administration to implement them says Finance Undersecretary Gil Beltran

Asia CEO Forum

Infrastructure investments to increase 4% of GDP in 2015

Feb 03, 2015 - 4:24 PM

The Department of Budget and Management says it has released P2 trillion or 78 of the 2015 budget to address procurement and implementation delays

Infra spending program to be hiked due to Visayas rehab

Dec 17, 2013 - 6:03 PM

NEDA is looking at an infra spending of over 5 of gross domestic product by 2016

INCREASED SPENDING. Programmed infra spending might be increased due to rehabilitation efforts in calamity-stricken Visayas. Photo by Agence France-Presse

PH 2nd poorest in infrastructure in ASEAN-5

Jul 04, 2013 - 8:27 PM

The answer to sustainable and inclusive economic growth is infrastructure investments according to economist Benjamin Diokno

STILL BEHIND. Economics professor Benjamin Diokno (left) says the country is still behind its Southeast Asian counterparts in terms of quality infrastructure. Photo by Lean Santos/Rappler

Govt infra Jan-May spending up 35.6%

Jul 02, 2013 - 2:36 PM

Government spending on infrastructure and other capital outlays increases to P104 6 billion in the first 5 months of 2013 supporting the goals of job creation and sustained economic growth

MORE INFRA. The national government continues to shore up infrastructure spending to sustain the country's growth and create jobs. Photo by AFP

Jan-April gov't infra spending up 45%

Jun 05, 2013 - 7:15 PM

The increase was mainly due to disbursements for key infrastructure projects undertaken by the DPWH

MORE INFRA. The national government continues to shore up infrastructure spending to sustain the country's growth and create jobs. Photo by AFP

Govt infra spending up 40.8% in February

Apr 17, 2013 - 5:39 PM

UPDATED The increase was due to more public works spending before the election ban kicked in

INFRASTRUCTURE. The government hiked infrastructure spending by 40.8% in February. Photo by AFP

Infra spending rises 58% to P251-B in 2012

Mar 19, 2013 - 6:05 PM

This sets the momentum for higher spending in 2013 says Budget Secretary Florencio Abad

PH targets P698-B infra spending by 2016

Feb 26, 2013 - 4:48 PM

Private sector investments are also urged but players cite challenges

Photo taken from PPP Center website

Why beating PH's 2012 growth target may not be feasible

Oct 03, 2012 - 8:27 PM

Even if the government achieves its programmed deficit spending it will not exceed its growth assumption this year the Asian Development Bank says

Abad: 2013 budget to hit P2 trillion

Jun 12, 2012 - 11:01 AM

Abad says the budget for 2013 will include bigger investments in infrastructure as well as increases in funding for economic and social services