Australia, Philippines sign new bilateral aid strategy

Australia and the Philippines have refreshed their bilateral aid relations with a new agreement focused on support for education, disaster resilience and governance-related projects.

The two countries signed March 14 the new six-year agreement, which includes a 5 billion Philippine peso ($116.4 million) grant for 2012. This particular assistance will go toward a variety of education, infrastructure and climate mitigation initiatives, according to GMA News.

Australia also committed to help boost the Philippine government’s reform agenda, particularly on improving delivery of social services and promoting transparency and accountability at the local government unit level.

The new aid strategy supports the Philippine government’s 2011-2015 development plan, according to the country’s National Economic and Development Authority.

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About the author

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    Ivy Mungcal

    As senior staff writer, Ivy Mungcal contributes to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.