Philippines earns fresh US funding eligibility due to 'successful fight vs corruption'

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The Philippines has earned a fresh anti-poverty funding eligibility from the United States due to its “successful campaign against corruption,” the Philippine embassy in Washington DC said in a news release. “The eligibility of the Philippines for a new five-year grant or compact was announced today by the Millennium Challenge Corporation (MCC), an independent American aid agency created by the US Congress in 2004,” the embassy said. The MCC’s announcement of Manila’s eligibility for a second compact came four years after it awarded the Philippines with $434-million to fund three major poverty reduction projects in the country.

Read the story in Interaksyon. http://www.interaksyon.com/article/101046/ph-earns-fresh-us-funding-eligibility-due-to-successful-fight-vs-corruption---ph-embassy

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