EU plans to give 55 million euro or P3 billion to support Mindanao, uphold peace and stability




Manila, Philippines - on Thursday, the European Union (EU) Ambassador to the Philippines Franz Jesses said that the bloc is eyeing a 55 million-euro which is about P3 billion grant.

The said amount is intended help to support Mindanao especially the rehabilitation of Marawi City.

Jessen told the reporters on the sideline of Energy Smart Philippines 2017 that EU is discussing internally the final amount for Mindanao, it could be increased to 100 million euros or about P6 billion.

“Job creation would be a major focus. The energy will also be a major focus,” he said, noting that EU has responded quickly in giving out assistance following the crisis in Marawi City.

The envoy also said that they had spent more than a million euros for portable water to those areas affected by the war in the city.

The said grant, according to Jessen would also support upholding peace and the stability of Mindanao which is very important for the entire country, and is also crucial to attract more EU investors to the Philippines.

European Union investors don’t look (at) the country being divided in different regions. But they look at it as one country and it is important that we have peace and stability,” Jessen stressed.

On Wednesday, Department of Foreign Affairs secretary Allan Peter Cayetano clarified that the government is open to grants from any countries that would not ask for condition that might affect the Philippine Sovereignty.

Jessen recalled that previous donations to the Philippines had not affected the country’s independence.

“I think Secretary Cayetano and Secretary Dominguez, at the end of the day, they are practical people. And they look at the principles, and look at what actually is happening, what is our development assistance all about,” the envoy said.


Source: PNA


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