3 articles
The Commission on Audit issued an unmodified opinion on the Department of Transportation's fiscal year 2025 consolidated financial statements, a milestone the agency says reflects tightened financial controls under Secretary Giovanni Lopez.
The PPP Center's dashboard shows 537 public-private partnership projects worth ₱6.7 trillion as of end-May — 250 in the pipeline worth ₱3.15 trillion and 287 under implementation worth ₱3.58 trillion — with rail projects dominating value, even as the government's reliance on private financing grows amid a widening fiscal deficit and frozen public-works spending.
Government pushes forward with ambitious infrastructure development agenda, with major transportation and public works projects progressing to improve connectivity and economic growth.
