Gov’t spending must make up for lost quarter EDITORIAL 0 SHARES Share it! It should have been 6.6 percent, if the national budget for 2019 had been approved on time, he said. The Department of Public Works and Highways (DPWH) could not start the construction of so many projects funded under the 2019 budget. The drop in GDP to just 5.6 percent in the first quarter indicates how big a factor government spending is in determining it. But we are moving in that direction, as “Build, Build, Build” creates more roads and bridges, airports and seaports, and other infrastructures needed by commerce and industry to thrive and expand.

Source: Manila Bulletin May 17, 2019 16:18 UTC