‘Philippines second Millennium Challenge package proof of good governance’

MANILA, Philippines - The United States Millennium Challenge Corp. (MCC)’s decision to grant the Philippines another package of development assistance was a recognition of good governance in the country, Malacañang said yesterday.

Presidential Communications Operations Office Secretary Herminio Coloma Jr. said the country’s benefactors such as the MCC have been showing continued confidence in the government’s capability to deploy resources for the attainment of priority development objectives.

“Such achievement reflects the global community’s admiration for the Philippines as Asia’s rising star,” Coloma said.

In his meeting with US President Barack Obama on the sidelines of the Asia Pacific Economic Cooperation summit in Manila on Nov. 18, President Aquino said the Philippines was proud to announce that the first MCC compact was nearing completion and that the country had been deemed eligible for a second package.