Gov't infra spending to exceed ₱2 trillion by 2029, but share to GDP seen shrinking
Hitting a fresh high, the national government (NG) is projected to breach the ₱2-trillion mark in infrastructure spending by 2029, but its share to gross domestic product (GDP) is seen at just 5.2 percent—lower than last year’s 5.8 percent and the planned 5.3 percent for 2025.
According to the Cabinet-level Development Budget Coordination Committee’s (DBCC) 2025 Midyear Report, published on Sept.
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