BBB program gets hefty P1.1T allocation in 2021 budget

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MANILA, Philippines — In a bid to pump life into the COVID-19 pandemic-hit economy, the government is allocating a hefty P1.107 trillion under the proposed 2021 national budget to restart and accelerate the administration’s Build, Build, Build infrastructure program.

President Rodrigo Duterte, in his budget message to Congress, said infrastructure development is “indispensable” in reviving the economy due to its high multiplier effect on economic growth and output.

“Labor-intensive programs, activities, and projects under the Build, Build, Build are expected to generate some 140,000 to 220,000 additional jobs next year and spur the private sector to invest in manufacturing and co…

Keep on reading: BBB program gets hefty P1.1T allocation in 2021 budget

The Philippine Daily Inquirer, popularly known as the Inquirer, is an English-language newspaper in the Philippines. Founded in 1985, it is often regarded as the Philippines' newspaper of record.

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