MANILA, Nov. 29 - The Duterte administration is spending a whopping P860.7 billion on large-scale infrastructure projects next year, which represents 5.4 percent of the country’s Gross Domestic Product (GDP), in keeping with its commitment to disperse growth and create enough jobs for Filipinos, especially in the countryside.

MANILA, Oct. 6 - The Department of Finance (DOF) envisions its comprehensive tax reform plan to be the catalyst of an ambitious government program to raise an extra P1 trillion yearly for unparalleled public investments geared to free some 10 million Filipinos from poverty in six years’ time and eventually transform the Philippines into a high-income state by 2040.