Manila, May 29 -- Australia's development support to the Philippines would continue even after it reaches an upper-middle income country (UMIC) status, Ambassador HK Yu said on Thursday.
Australia is one of the Philippines' biggest sources of official development assistance (ODA) --aid that comes in a form of grant or concessional loans to help advance a country's social and economic development.
With the Philippines expected to graduate into an upper-middle income state, it is also anticipated to lose its ODA privileges.
"There will be some of those complications, but interestingly enough, Australia provides a lot of these assistance to many countries that are already in that category," Yu told reporters on the sidelines of the Foreig...
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