Philippines to sustain infrastructure spending at 5 pct to 6 pct of GDP

MANILA, March 8 (Xinhua) -- The Philippine government will sustain its annual infrastructure spending at 5 percent to 6 percent of the country's gross domestic product, National Economic and Development Authority Secretary Arsenio Balisacan said on Wednesday.

"I think the essence of what makes our goal ambitious is the fact that we have limited fiscal space, but there is so much space in other areas that can be