EU pledges €150M grants for Mindanao agri, power
The European Union (EU) has pledged 150 million euros (P8.5 billion) worth of grants to support agricultural development and electrification projects in Mindanao.
Finance Secretary Carlos Dominguez III expressed gratitude for the EU's commitment during a recent meeting with Thomas Wiersing, charge d’affaires of the EU Delegation to the Philippines.
The funds will help boost agricultural productivity in Mindanao and provide electricity to small island communities.
Additionally, the EU has reoriented up to 15 million euros to support Mindanao’s efforts to contain COVID-19.
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