Reenacted budget 'won't have impact' on big ticket infra projects - Diokno


Posted at Nov 30 2018 12:25 PM

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MANILA – Big ticket infrastructure projects will not be affected in case of a reenacted budget for 2019 because of a "multi-year obligation authority," Budget Secretary Benjamin Diokno said Friday.

Several major projects are set to break ground next month, with construction scheduled over the coming years.

The ground breaking for the Mega Manila Subway project is set on Dec. 19, simultaneous with the opening of the NLEX Harbor Link Project, which could cut the length of bus and truck trips from Roxas Boulevard to NLEX by at least an hour, Diokno said.

Still, Diokno warned that a reenacted budget would affect small and local projects.

The Senate had earlier said the 2019 budget, which the House of Representatives approved on Nov. 20, may not be passed at the chamber before Congress goes on Christmas break in mid-December.

In a schedule released by Senate Majority Leader Juan Miguel Zubiri, the budget may be signed early February at the soonest.