Tuesday, 3 January 2012

P141.8-B infra rollout

Projects to pump prime domestic economy
Manila Bulletin
Read more: http://www.mb.com.ph/articles/346819/p1418b-infra-rollout

MANILA, Philippines — The Aquino government will roll out P141.8-billion worth of infrastructure projects starting this month, a bid to pump prime the domestic economy, the Department of Budget and Management (DBM) announced on Monday.

Budget Secretary Florencio Abad said the funds, sourced from the 2012 national budget, will be used for construction and upgrade of roads, bridges, airports, seaports, classrooms, water supply system, irrigation system, and flood control projects this year.

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