Tuesday 13 November
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Nov 4, 2017 @ 13:37

A second chance: DOF wants new US aid despite poor rule of law score


Looks like authorities have a lot of courting and convincing to do to get a “yes” this time.

The Department of Finance has expressed optimism that the Philippines will receive another funding aid from the United States’ Millennium Challenge Corp. (MCC), even as it gained low scores in the group’s latest scorecard.

The MCC’s latest assessment showed the Philippines scraping a zero for “control of corruption” and a -0.01 score on “rule of law.”

Still, Finance Secretary Carlos Dominguez III said the MCC should be able to price in the reforms being pursued by the Duterte administration and factor these in evaluating the country’s request for a fresh grant.

“In its first year in office, the Duterte Administration has actually been relentless in the campaign against corruption in government,” Dominguez said in a statement.

“The scorecards are only one of the factors that the MCC Board takes into consideration when making reselection decisions. We are confident that the Board will take into consideration relevant information and recent data on our very deliberate efforts to improve the ‘control of corruption and adherence to the ‘rule of law,’ indicators,” Dominguez added.

Will they be convinced?

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