The United States will provide a P1.9- billion grant to the Philippines to support the Arroyo administration’s “investing in people and capacity-building” program, and help sustain the country’s economic growth.
According to Press Secretary Jesus G. Dureza, the President wants the bulk of the grant to be mobilized for capacity-building on reforestation and environmental programs as a whole.
Part of the grant would also support the country’s infrastructure, energy modernization and health projects, including water supply and sanitation, he added.
Dureza said the President is also pushing for the inclusion of farm-to-market roads in the funding program in support of the country’s food security program.
Inclusive of the government’s counterpart fund of P600 million, the total amount would reach P2.645 billion, Dureza added. (PIA/Bohol)
