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Sunday, January 19, 2025
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    HomeBusinessGovernment spending to slow in 1st half

    Government spending to slow in 1st half

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    GOVERNMENT SPENDING is likely to slow in the first half of 2025 due to the election ban on public works and congressional insertions in the national budget, the Department of Budget and Management (DBM) said. Budget Assistant Secretary Romeo Matthew T. Balanquit said government spending in the first two quarters “might be lower” compared with

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