Govt cuts 2021 infra budget to P1.107 trillion to fund recovery programs amid pandemic

in World News

THE Executive Branch slashed its proposed public infrastructure budget under the 2021 National Expenditure Program (NEP) to P1.107 trillion—an amount lower than it was eyeing in June—to fund the country’s recovery programs from the pandemic. On Tuesday, the Department of Budget and Management finally submitted for Congress’ approval the P4.506-trillion national budget for next year. […]

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