Description
Increased investment in the economy is a critical part of achieving sustainable and inclusive growth. By expanding and accelerating infrastructure investments as dictated by the Economic Reconstruction and Recovery Plan (ERRP), access and provision of public services will improve, the productive capacity of the economy will expand, productivity and competitiveness will be enhanced, and the transition towards a more resilient, sustainable and climate-friendly trajectory enabled. In this way, infrastructure is an important lever not only to propel faster and more inclusive growth, but also to contribute towards short and long-term job creation, improve social welfare, and address supply-side constraints.