The Philippines may have to revamp its four-year plan to mechanize its post-harvest facilities due to financial constraints, GMA News says. The government was only able to raise 50 percent of the 12 billion Philippine pesos (USD257 million) needed for the plan, according to the Philippine Center for Post-Harvest Development and Mechanization. Officials of the center are looking at loans from European institutions to plug the funding gap, GMA News adds.
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About the author
Ivy Mungcal
As former senior staff writer, Ivy Mungcal contributed 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.
