{"id":254738,"date":"2020-05-13T22:45:52","date_gmt":"2020-05-14T02:45:52","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=254738"},"modified":"2020-05-13T22:45:52","modified_gmt":"2020-05-14T02:45:52","slug":"iatf-oks-resumption-of-all-key-build-build-build-projects","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2020\/05\/13\/iatf-oks-resumption-of-all-key-build-build-build-projects\/","title":{"rendered":"IATF OKs resumption of all key \u2018Build, Build, Build\u2019 projects"},"content":{"rendered":"

\"\"<\/a>
\u201dLahat ng ating<\/em>\u00a0\u2018Build, Build, Build\u2019 [infrastructure projects]\u00a0na<\/em>\u00a0major\u00a0ay binigyan na po ng<\/em>\u00a0go signal\u00a0ng<\/em>\u00a0IATF\u00a0na ipatuloy<\/em> (The IATF-EID has allowed all major \u2018Build, Build, Build\u2019 infrastructure projects to resume),\u201d Roque said. (File Photo<\/a>: Department of Transportation – Philippines\/Facebook<\/a>)<\/figcaption><\/figure>MANILA<\/strong>\u00a0\u2013 The implementation of all major infrastructure projects under the national government\u2019s ambitious \u201cBuild, Build, Build\u201d program can now resume amid the crisis brought about by the coronavirus disease 2019 (Covid-19) pandemic in the country, Malaca\u00f1ang said on Wednesday.<\/p>\n

In a virtual presser aired on state-run PTV-4, Presidential Spokesperson Harry Roque said the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-EID) has already approved the resumption of big-ticket infrastructure projects.<\/p>\n

\u201dLahat ng ating<\/em>\u00a0\u2018Build, Build, Build\u2019 [infrastructure projects]\u00a0na<\/em>\u00a0major\u00a0ay binigyan na po ng<\/em>\u00a0go signal\u00a0ng<\/em>\u00a0IATF\u00a0na ipatuloy<\/em>\u00a0(The IATF-EID has allowed all major \u2018Build, Build, Build\u2019 infrastructure projects to resume),\u201d Roque said.<\/p>\n

The list of flagship infrastructure projects that will push through despite the Covid-19 crisis has yet to be released.<\/p>\n

Fitch Solutions Country Risk and Industry Research on Monday released its report which projects that the Philippines\u2019 full-year growth in 2020 will be -0.2 percent, down from the 0.5 percent growth forecast in May.<\/p>\n

Malaca\u00f1ang on Tuesday expressed confidence that resuming the implementation of the \u201cBuild, Build, Build\u201d projects and easing the monetary policy would help the Philippine economy recover faster.<\/p>\n

The IATF-EID initially prohibited the implementation of construction and infrastructure projects due to Covid-19 outbreak. It later allowed the resumption of the projects of both public and private sectors despite the implementation of community quarantine nationwide.<\/p>\n

During President Rodrigo Duterte\u2019s meeting with his select Cabinet members at Malaca\u00f1an on Monday night, Finance Secretary Carlo Dominguez III said the government should restart and accelerate the \u201cBuild, Build, Build\u201d program to revive the country\u2019s economy.<\/p>\n

Dominguez said the accelerated implementation of the \u201cBuild, Build, Build\u201d program is the \u201cbest driver of economic growth.\u201d<\/p>\n

The Duterte government has identified around 100 key infrastructure projects under the \u201cBuild, Build, Build\u201d program.<\/p>\n

Around PHP1 trillion is expected to be earmarked this year for the implementation of the ambitious infrastructure program of the national government.<\/p>\n

Acting Socioeconomic Planning Secretary Karl Kendrick Chua earlier said the plan to spend PHP1 trillion on infrastructure this year is currently being reviewed by the Development Budget Coordination Committee.<\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA\u00a0\u2013 The implementation of all major infrastructure projects under the national government\u2019s ambitious \u201cBuild, Build, Build\u201d program can now resume …<\/p>\n","protected":false},"author":44,"featured_media":237460,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,95],"tags":[],"class_list":["post-254738","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","category-news-ph","mauthors-ruth-abbey-gita-carlos","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/254738","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=254738"}],"version-history":[{"count":1,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/254738\/revisions"}],"predecessor-version":[{"id":254739,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/254738\/revisions\/254739"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/237460"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=254738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=254738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=254738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}