Philippines' Duterte speeds through $80 billion 2020 budget, spending up 12%

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Philippines' Duterte speeds through $80 billion 2020 budget, spending up 12%
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Philippines President Rodrigo Duterte on Monday signed a record 4.1 trillion pes...

FILE PHOTO: Philippine President Rodrigo Duterte attends a plenary session at a regional summit in Bangkok, Thailand, November 2, 2019. REUTERS/Athit Perawongmetha/File Photo

Horse-trading in Congress delayed last year’s budget approval by four months, weighing down the Southeast Asian nation’s economic growth. The Philippine leader had pledged to usher in the “golden age” of infrastructure by upgrading aging airports, seaports, roads and railways.

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