Tag: budget release

President Marcos pumps P46-billion into economy amid US-Iran war jitters

With global economic uncertainty rising from the US-Iran conflict, President Ferdinand Marcos Jr. is accelerating infrastructure spending, with the Department of Budget and Management (DBM) releasing P46.22 billion to fund 1,743 infrastructure projects nationwide. Budget Secretary Rolando Toledo approved the issuance of 158 Special Allotment Release Orders on April 15, 2026, coursing the funds through the Department of Public Works and Highways…

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