The Philippines: Infrastructure spending falls in Jul 20

• STATE SPENDING on infrastructure declined once again in Jul 20, due to the slow resumption of construction work and bad weather in some areas, the Department of Budget and Management (DBM) said.
• Latest DBM data showed infrastructure and other capital outlays dropped 30.4% to PHP52.3bn in Jul 20 from PHP75.2bn logged in the Jul 19. This was also 16% lower than the PHP62.8bn spent for infrastructure in Jun 20.
• The DBM also noted the disbursements to the Department of Public Works and Highways (DPWH) were lower y/y, as projects were gradually restarted with health and safety protocols. It also said some areas experienced inclement weather, which also affected construction work.
• Lockdown restrictions in Metro Manila and nearby provinces were eased since Jun 20, but health and safety protocols continue to be implemented to curb the spread of coronavirus disease 2019 (COVID-19).

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