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What is Urgent Call for Government Spending about?

Sen. Sonny Angara urged government agencies to spend their remaining budget allocations by the end of the year to boost economic growth, as infrastructure spending had reached 92% of the target but economic growth slowed in the second quarter due to the delayed 2019 budget approval. However, former Socioeconomic Planning Secretary Cielito Habito noted that government agencies like DPWH and DOTr have low spending capacity and the "Build, Build, Build" program remains "illusory" due to lack of implementation

Author

Ambin Fortes Furaque

Language

EN