[ap-intact] INFO: Philippines urges spending after China-like graft chill

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The Philippines ended 2014 with its weakest economic report in almost three years as moves to curb graft and check abuse of power at all levels of government deterred public spending. Filipino civil servants are delaying  projects as varied as rail lines, fishing ports and free chickens for the poor, according to budget officers. About $1.85 billion, or 15 percent of planned state spending, went unused in the third quarter, government data show.

Read the story by Karl Lester M. Yap, in Bloomberg Businessweek. http://www.businessweek.com/news/2015-01-05/philippines-seeks-spending-revival-after-china-like-graft-chill

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