Reference no: EM133253277
Transportation and Communications Expenditures
The expenditures for transportation and communications have soared through the years. It ranked 7th in the total expenditures of the national government especially with the latest program on Build! Build! Build!
Public works expenditure- The expenditures of the national government for public works alone is reflected in the various public works acts passed by Congress for so many years. Infrastructure projects undertaken are highways, school buildings, airports, irrigations, port works, river control, waterworks, buildings, etc.
Railroad transportation- The railroad transportation system is another vital artery of the nation's economy. The railroad is the "reversible coat" that transports not only goods and people but also troops and military supplies and hardware.
One of the sore spots in the Philippine transportation system is the railroad. The Philippine National Railways (PNR), formerly the Manila Railroad Company, has perennially been in a bad shape
The question is , where did the fund of the government go especially in the transportation and communication expenditures in the Philippines?
Which firm uses more debt finance
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Transportation and communications expenditures
: The expenditures for transportation and communications have soared through the years. It ranked 7th in the total expenditures of the national government especia
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Interest rate per annum continuous compounding
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