Philippines Targets MCC Compact by March 2010

The Philippines hopes to secure a compact with the Millennium Challenge Corp. by March 2010,

reports. Philippine Foreign Affairs Secretary Alberto Romulo said the country is "definitely on track" in sealing a grant deal with the U.S. aid agency. On Dec. 9, MCC board members, including U.S. Secretary of State Hillary Clinton, unanimously reselected the Philippines as compact-eligible for next year, giving the go-ahead for the country to receive USD5 million for compact preparation.

About the author

  • Eliza Villarino

    Eliza Villarino is an associate editor for Devex and leads the company's news team in Manila. She played a critical role in conceptualizing the Development Newswire. Prior to joining Devex in 2004, she has already published articles and news briefs for Internet media organizations and for the Institute for Ethics and Economic Policy at Fordham University in New York. She earned her bachelor's in political science and master's in public affairs from the University of the Philippines. Eliza is a member of Mensa Philippines.