1% capital outlay
increase for fiscal 1999, it said.
Spending on infrastructure and other capital outlays
were programmed to amount P137.
Outside of the regular capital outlays
in 2016, JG Summit had invested additional P33.
Also, 'disbursements of the Department of Public Works and Highways were lower year-on-year' because 'the acceleration of the implementation and completion of capital outlay
projects prior the conduct of elections resulted to high disbursements in the DPWH in April 2016,' the DBM added.
As a result, pay-as-you-go capital outlays
averaged a substantial $23 million per year since fiscal 2000, peaking at almost $32 million in fiscal 2004.
Also, the government lumped into the amount spent on infrastructure and other capital outlays
during the first two months the country's P1.
In response to voters' feedback indicating a preference for pay-as-you-go capital outlays
, the district soon developed a $7 million capital plan to build one elementary school and expand or renovate classrooms at existing campuses using current resources.
The latest Department of Budget and Management data showed that the amount spent on infrastructure and other capital outlays
increased from P345.
The remainder of the drawdown was for one-time capital outlays
In an investor briefing for SMC's bond offering of up to P20 billion, conglomerate chief finance officer Ferdinand Constantino said the capital outlays
would be made from the fourth quarter of 2016 through 2018 to 2019 as the group expands both old and new businesses.
While the general fund budgeted a small shortfall in 2004 due to the 27th payroll expense and one-time capital outlays
, Fitch anticipates that the increased property tax levies and continued spending restraint will produce balanced operating results.
COTABATO CITY -- Liberal Party standard bearer Mar Roxas on Wednesday, bragged about the Aquino government's huge capital outlay
of over P260 billion since 2010, saying it was more than double the P125 billion combined capital outlays
of the Arroyo and Estrada administrations.