It is more fun criticizing
Rizal Philippines
May 20, 2017
Philippines refuses EU aid with conditionalities
The President announced through Sec Abella that upon the recommendation of Sec of Finance, the EU aid to Muslims and other concerns may not be accepted by the Philippine govt if they contradict independence of Phil. policy. This is an assertion of a leader who has balls.
The aid amounts to 250 million Euros or about P13.85 billion pesos. The Pres. said that even without aid, we shall survive
We will accept aid only without conditionalities. All ready requests for reconsideration are all ready being posited by no less than NEDA director Pernia and Senator Hontiveros is asking Sec. Cayetano to explain why the refusal. Pernia thinks the amount will affect the Phil. GDP growth which is lower than the same period last year The aid is worth trillions in Pesos. She could not understand that we have to affirm our independence. If she used to be an activist, this is an assertion of a leader who does not want to be "tuta" of imperialist. The aid as we know them are technical aid and are not cash in nature, and do not go to the Philippines but mostly benefit the citizens consultants of the donor countries.
But it should be remembered that EU is the Philippines biggest donor.
It must be noted that PHL is no longer considered an LDC or a third world country that deserves aid. ADB has all ready pointed that out.
