Development assistance in the Philippines
Pillar 3 – Economic Recovery in the Philippines
As the Philippines emerges from strict lockdown, it has become the government’s highest priority to prevent an economic crisis: the country is in its first recession in three decades. To support the Philippine Government’s economic recovery program, Australia works innovatively with key partners to strengthen policies and institutions and advance inclusive economic growth.
Advancing Multilateral Partnerships for Economic Development (AMPED)
$25 million (2018-24)
Advancing Multilateral Partnerships for Economic Development (AMPED) supports inclusive economic growth by working with key multilateral financial institutions (MFIs) to strengthen the Philippine Government’s economic management capacity. AMPED is a catalytic investment designed to leverage substantially larger MFI resources to positively influence Philippine Government development policies.
A Future that Works
$1.2 million (2020-22)
The A Future That Works Project supports key industries with workforce development initiatives to manage the challenge of technological disruption. It will facilitate collaboration among business leaders and with relevant government agencies through the establishment of Sector Skills Councils that will identify and address emerging skills needs.
Direct Aid Program (DAP)
The Direct Aid Program (DAP) contributes to the COVID-19 response efforts of Australia in the Philippines by assisting NGOs and community organisations implement activities that respond to the needs of vulnerable groups affected by the pandemic. Initiatives supported under this flexible small grants facility include:
- Income generation and sustainable livelihoods to enable people affected by COVID-19 to participate in local economic activities
- Provision of essential relief to vulnerable groups and communities badly affected by COVID-19
- Provision of community water and sanitation facilities to promote hygiene
- Support to ancillary activities addressing associated COVID-19 risks including public health messaging and promoting safeguards during quarantine.
Investing in Women
$14 million (2014-23)
Women's economic empowerment is a priority for the Australian Government. A program that champions women and girls, the Investing in Women initiative was established to improve women's economic participation, build markets for women and influence the private and public sector to promote women's economic empowerment in the Philippines, Vietnam, Myanmar and Indonesia. The initiative works with the private sector to achieve business and workplace gender equality, and partner with governments and civil society to design laws, policies, and programs to ensure institutional and regulatory standards are effectively implemented and benefit women and girls. The initiative is focusing on the following priority areas:
- improving women's participation in the workforce, and as business leaders.
- enhancing women's voice in decision making and leadership, and
- influencing the private and public sectors to recognise and promote the value of gender equality.