The European Union (EU) would be “doubling” its total fund disbursement to the Philippines to 70 to 80 million euros (P4 billion to P4.6 billion) by 2014, compared to this year’s 40 million euros (about P2.3 billion).
EU Development Commissioner Andris Pielbags told reporters after the honorary Eminent Speaker Forum for himself at the Asian Development Bank (ADB) that the EU will still be “discussing” on how the 70- to 80-million EU fund to be disbursed to the Philippines for 2014 will be utilized.
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