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English, 14.11.2022 02:55 alexespinosa

Activity 7: Think and Write! Directions: Read and understand the text carefully. Study the table and write your interpretation based on the data presented in the table. Infrastructure spending surged to 6.3% of GDP in 2017 and is projected to hit 6.2% of GDP in 2018, almost tripling the average of 2% of GDP spent from 1986 to 2016. This is in line with the Duterte administration's target of increasing infrastructure spending to more than 7.0% of GDP by 2022. Compared to the initial two years of every president when he or she was still learning the ropes of the presidency, President Duterte has shown a much better job than his peers. This fast-tracked spending performance addresses the country's underinvestment in infrastructure, which has severely dragged the Philippines' economic performances in the past. Notably, according to latest data on government disbursements, infrastructure also remains as one of the primary spending drivers as of November 2018. Year-to-date actual disbursements also stand at Php 3.1 Trillion, increasing the likelihood of zero underspending for 2018. infrastructure rank has sharply fallen from 94th in 2009 to 112th in 2017. With subpar road networks and transport systems, traffic congestion in Metro Da FTSE 100 -1.29%

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Activity 7: Think and Write! Directions: Read and understand the text carefully. Study the table and...
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