Euro grant more than doubles - 1 up for Philippines peace process

[CAPTAIN NAUTILUS]

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Euro grant more than doubles


5 1 Google +0 0

THE EUROPEAN UNION (EU) has more than doubled its grant assistance to the Philippines to €325 million (P17 billion) for 2014-2020, channeling “a more than proportional amount” of it to Mindanao as part of the bloc’s contribution to the peace process, an EU official said yesterday.


During signing ceremonies at the Makati Shangri-La hotel of the note for the EU Multi-Annual Indicative Programme 2014-2020, EU Ambassador Guy Ledoux said in his opening speech that the bloc “will more than double our grant to the Philippines to P17 billion from P7 billion for 2007-2013.”

“The significant increase in aid has been granted in the context of the progressive improvement of governance under the current administration,” Mr. Ledoux said.

Under the 2014-2020 blueprint, EU will focus on projects aimed at improving the Philippine’s “rule of law, sustainable energy and job creation,” with a large portion of it “going to Mindanao.”

In his remarks, Rolando G. Tungpalan, National Economic and Development Authority (NEDA) deputy director-general for Investment Programming, said the increased allocation “is also highly reflective of EU’s continued commitment to support Philippine government efforts to significantly reduce poverty mainly through massive generation of quality employment, sustain gains from governance reform, and to lay the groundwork for a more significant reduction of poverty.”

Asked for specifics, Mr. Ledoux replied: We’re still in the process of formulating specific projects in energy and job opportunities... What’s signed is just a blueprint, a plan where we would like to focus.”

Mr. Tungpalan said NEDA “will review the funding, particularly on how it would be distributed in the form of development projects.”

A brief given journalists said “first programs from the new aid will start in 2015 to support rural electrification and promote renewable energy sources on the one hand and better governance in the justice sector on the other...” -- Chrisee Jalyssa V. Dela Paz

[soundstreammsi]

nindot ni na progress. pastilan dakoa sa amount. maylag ma tarong nig gamit sa na hingtungdan kay dako kaayo ning tabang jud. maytag naa pud representative taga EU ani maka tabang ug audit pra di masayang.

[kit_cebu]

goddamned f**k...don't these people check other things than abs-cbn news? like anderson cooper?

how about the visayas republic now?

[lstorya]

Link sa source TS, kalimot ka post! Thanks for the news though! Nag ambak ambak ang ubang mga politiko tungod ana ron, ALAAAAAAAAAMSSSSS NAAAAAA!

goddamned f**k...don't these people check other things than abs-cbn news? like anderson cooper?

how about the visayas republic now?

Who are you referring to bai? The foreigners? If yes, I highly doubt theyll watch any local news. In fact, I highly doubt theyll base their actions on any media updates or reports, unlike diri sa atoa. Case in point, the Manny Pacquiao vs BIR thing, I forgot which fight but they charged Manny a certain tax amount based on what they heard in the news and heresay on how much is the allegedly big amount of money paid to Manny in that certain fight, retarded.

[CAPTAIN NAUTILUS]

Actually it's Mindanao man relative to the Bangsamoro law ata.

[kit_cebu]

i guess this retard-of-a-president is going to retire as a rich virgin after all...hopefully, digong will be president and prosecute this...but then again, he won;t run...so, More Fun in the Philippines continues...

https://ph.news.yahoo.com/world-bank...085655553.html

[bleedingboi]

>Israel and Palestinian peace agreement failed.
>Ukrainian rebel and Ukrainian government peace treaty has failed.
>Senkaku Island dispute resolution between China and Japan has failed.
>Boko Haram and the Nigerian government agreement has failed.

Pro admin or not, I think the peace process in Minadanao was a slight achievement if not a hardhit total success. So let's just be positive about this. Anyhow, the major focus of this bloc is to provide quality jobs and poverty reduction. And i'm sure the European Union is not that dumb to neglect this country's political corruption status.

[kit_cebu]

Pro admin or not, I think the peace process in Minadanao was a slight achievement if not a hardhit total success.

yep...nur misuari's MNLF was a success back then...success in matters of re-arming themselves courtesy of government...errr...taxpayers money...

So let's just be positive about this.

pinas? how it operates? government?
yeah...let's...*chokes while breathing

[bleedingboi]

yep...nur misuari's MNLF was a success back then...success in matters of re-arming themselves courtesy of government...errr...taxpayers money...

pinas? how it operates? government?
yeah...let's...*chokes while breathing

I was referring to the European bloc aid to this country. I'm not giving a donkey piss on this Bangsamoro progress and the government. I hope their economic blueprint works.

[CAPTAIN NAUTILUS]

Peace process is better than no peace process at all. Grant is better than no grant at all. So I'd still like to keep my hopes up with this peace process.