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.
Published March 16, 2021, 1:39 PM
The memorandum of understanding (MOU) for the Philippines’ participation in the United Kingdom’s Cross-Government Prosperity Fund signed. (From left) Finance Secretary Carlos Dominguez III, British Ambassador Daniel Pruce, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno, Securities and Exchange Commission (SEC) Chairman Emilio Aquino, and Insurance Commissioner Dennis Funa. The BSP, SEC and the Insurance Commission (IC) are co-lead agencies of the Department of Finance (DOF) in the implementation of the work packages under the MOU.
The Philippines and the United Kingdom (UK) have signed a memorandum of understanding (MOU) for Manila’s participation in the Cross-Government Prosperity Fund that aims to support the country’s inclusive and sustainable growth.
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