DPWH working on new budgeting formula to get rid of ‘allocables’

MANILA, Philippines — The Department of Public Works and Highways will soon release a new budgeting formula that will replace the so-called allocables which had been marred with allegations of corruption, DPWH chief Vince Dizon announced on Monday. Dizon said the new formula crafted by DPWH Undersecretary Nick Conti, will do away with the incomprehensible