NDP12 eyes P400bn investment
Friday, September 26, 2025 | 560 Views |
PIC: MORERI SEJAKGOMO
The transformational spending is expected to cover the investment projects and other development expenditure of the central government, local authorities, and State-Owned Entities that are financed wholly or partially by the government.
Funding is expected to come from the government, private sector partners, and others, with authorities warning that projects could be chopped off the list if capital cannot be raised.
According to a report elsewhere in this publication, various district councils announced that a one-bedroom home now costs over P130,000 more, a near-unthinkable 32% increase. This isn't just a minor adjustment, but a devastating blow to the dream of affordable home ownership for ordinary citizens.What is most alarming is not just the scale of the increase, but the profound confusion it has exposed. Minister Ramogapi has publicly...