Finance Secretary Benjamin E. Diokno met with Australian Ambassador to the Philippines HK Yu and Australia’s Special Envoy for Southeast Asia Nicholas Moore to explore deepening Philippine-Australian cooperation on areas such as privatization of airports, development of the mining industry, and agriculture technology.
Read MoreThe Australian Government launched its Partnerships for Infrastructure (P4I) initiative in the Philippines to foster inclusive growth through sustainable infrastructure, which is in line with the Marcos Jr. administration’s economic development agenda.
Read MoreThe Green Climate Fund (GCF) Board approved on March 16, 2023 the Adapting Philippine Agriculture to Climate Change (APA) Project during its 35th Board Meeting in Incheon, South Korea. The total project cost amounts to USD 39.2 million, financed by the GCF through a grant of USD 26.3 million and Philippine government co-financing of USD 12.9 million.
Read MoreFinance Secretary Benjamin E. Diokno welcomed the approval of House Bill No. 7240, known as the proposed National Government Rightsizing Act, on third reading on March 14, 2023.
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