PH, US SIGN NEW P10.5-B DEAL TO BOOST ECONOMY The United States, through the United States Agency for International Development (USAID), and the Department of Finance (DOF) signed a new five-year bilateral assistance agreement valued at more than P10.5 billion ($213 million) to boost the country’s economic development and growth. This agreement enables USAID and the Philippines to deepen their commitment to
accelerate inclusive, broad-based economic growth through policies that increase investment and trade throughout the Philippines. New programs and activities will promote inclusive, market-driven growth; improve the business environment; expand economic opportunities through private sector-led innovation for medium and small businesses; and increase information
and communications technology access for the digital economy that benefits both producers and consumers. Activities also include strengthening local civil society organizations to advance locally-led programming and policy-making in the Philippines and facilitating coalitions and partnerships between government and other stakeholders toward data-driven decisionOctober 10-16, 2020 |
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