Australia grants the Philippines P1.8B to boost business, job creation

MANILA, Philippines — The Marcos administration has secured a grant of about P1.8 billion from Australia to fund programs aimed at improving the Philippines’ ease of doing business and supporting small and medium-sized enterprises .  Through the Department of Finance (DOF), the Australian $45-million grant will be implemented under a flagship initiative of Canberra. This is the Promoting Growth, Resilience, Economic Stability and Sustainability in the Philippines Program or Progress. READ: Australia puts Philippine bananas under scrutiny “Progress aims to help the country overcome barriers to economic growth,” the DOF said in a statement.  “This means addressing slow formal job […]... Keep on reading: Australia grants the Philippines P1.8B to boost business, job creation

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