Since January alone, P91.3 billion has been obligated for the economic resiliency plan.
The leading infrastructure agencies and their obligated funds are the Department of Public Works and Highways (DPWH), P60 billion; Department of Transportation and Communication (DOTC), P13 billion, Department of Education (DepEd), P2.8 billion; and the Department of Agriculture (DA), P16 billion.
The government has announced a P330-billion fiscal-stimulus package known as the Economic Resiliency Plan or ERP. Of the total amount, P160 billion is earmarked for infrastructure spending. Under the ERP, P100 billion will come from government corporations and financial institutions, as well as the private sector. (PIA)
