5-year Development Partnership Plan, inilunsad ng Australian Embassy

PTVPhilippines

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Transcript

00:00Australia laid out a five-year plan to help the development of the Philippines.

00:05Here is the report.

00:08Last week, the Australian Embassy announced the Five-Year Development Partnership Plan for the Philippines.

00:16It was led by Australian Foreign Affairs and Trade Secretary John Adams

00:21and Australian Ambassador to the Philippines HK Yu.

00:25Under the DPP, Australia wants to contribute to the stability of the Philippines

00:32when it comes to economic growth, prosperity and resilience,

00:36to provide protection to civil maritime security, conservation, peace and order, climate change,

00:43and to provide knowledge on ways to solve the problems of plastic pollution and coral restoration.

00:51The DPP was created with the help of the National Economic Development Authority, or NEDA,

00:57which is the country's development target.

01:00In more than two decades, Australia has already given AU$63 billion to the Philippines

01:06from strategic partnership or AU$4 billion per year,

01:10including AU$3.6 billion for official development assistance.

01:16Ambassador Yu believes that the DPP will contribute a lot

01:21so that the country will be conducive for business

01:24so that other Australian investors in the country can benefit.

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