Manila, Sept. 29 -- The United States, through the United States Agency for International Development (USAID), and the Department of Finance (DOF), signed a new, five-year bilateral assistance agreement valued at more than PHP10.5 billion ($213 million) to boost the country's economic development and growth, the US Embassy in Manila announced Monday.
This agreement enables USAID and the Philippines to deepen their commitment to accelerate inclusive, broad-based economic growth through policies that increase investment and trade throughout the Philippines.
New programs and activities will promote inclusive, market-driven growth; improve the business environment; expand economic opportunities through private-sector-led innovation for medium...