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Australia allocates P20 B for Phl dev't goals
The Philippine Star
|October 19, 2024
The Australian government is providing P20 billion worth of funding assistance to the Philippines over the next five years to support the country's development goals.
In a press conference for the launch of the AustraliaPhilippines Development Partnership Plan (DPP) 2024 to 2029 yesterday, Australia Ambassador HK Yu said the Australian government is allocating more than P4 billion per year or a total of P20 billion for the fiveyear period, as part of its bilateral program for the Philippines.
She said the over P4 billion provided by Australia per year in capacity building and development support for the Philippines, includes P3.6 billion in official development assistance.
Yu said this is the first time Australia is launching a long-term development plan to support the Philippines.
Esta historia es de la edición October 19, 2024 de The Philippine Star.
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