Socioeconomic planning undersecretary Joseph Capuno says around 40 projects are 'at-risk' projects which may not be completed on time or may go over budget
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During the department’s midyear press chat on Thursday, July 31, DEPDev Undersecretary Joseph Capuno said funding for some priority projects were excluded from the 2024 national budget orOther projects faced delays in securing funding from the Philippine government’s counterparts through Official Development Assistance .
Capuno added that President Ferdinand Marcos Jr. has been helping resolve discussions with local stakeholders through regional visits.DEPDev’s latest ODA annual report showed that the Philippines’ total ODA portfolio grew 6% to a 10-year high of $39.61 billion in 2024.
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