By TED CORDERO, GMA News
Published March 16, 2021 1:36pm
The Philippines will be getting a share in the United Kingdom’s Cross-Government Prosperity Fund, which will be an “invaluable tool” that would help the country post a strong recovery from the COVID-19 pandemic, the Department of Finance (DOF) said Tuesday.
In a statement, the DOF said Finance Secretary Carlos Dominguez III, on behalf of the Philippine government, and British Ambassador Daniel Pruce, on behalf of the UK government, signed a memorandum of understanding (MOU) on March 15 for the Philippines’ participation in the UK Cross-Government Prosperity Fund for the Association of Southeast Asian Nations (ASEAN) Economic Reform Programme and the ASEAN Low Carbon Energy Programme.