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Tuesday, March 25, 2008

 

BIZZ FIZZ
By Rene Martel

US lauds gains on anti-corruption front

 
EVEN as the political noise on matters of graft and corruption reaches a deafening crescendo (stirred up by the usual suspects, of course) President Gloria Arroyo and her administration has received a glowing seal of approval from the government of the United States for its efforts to confront corruption.

With the blessings of the powers that be in Washington D.C., the US government agency Millennium Challenge Corp. (MCC) has raised its ranking of the Philippines to a higher notch making the country eligible for large-scale grants from the MCC’s Millennium Challenge Account (MCA) threshold program which allocates funding to combat corruption in the public sector.

This development comes after the Philippines successfully completed a two year Threshold Country Program on anti-corruption implemented by the MCC.

In announcing the good news, MCC Chief Executive Officer John Danilovich praised the Philippine government for “its commitment to tackling difficult challenges and improving the lives of its people.”

Danilovich, who carries the rank of ambassador, went on to advise: “While eligibility is an essential first step, the Philippines must maintain its performance on the MCC selection criteria and must now begin a broad based consultative process with its people to develop a proposal that addresses the country’s barriers to poverty education and economic growth.”

The MCC is the brainchild of US President George W. Bush who directed its formation in 2004 to provide practical incentives for good governance among developing countries. It works under the direction of the State Department, and its board of directors is headed by US Secretary of State Condi Rice.

Now that the MCC has designated the Philippines as a “Compact Country,” a team from its US base is expected to arrive in Manila to prepare a program for enhanced and intensified development assistance in three key areas of governance—namely political, social and economic.

According to the MCC, it assessed the degree to which these three factors promoted broad based sustainable economic growth.

In its announcement the MCC pointed out that it “based its decision on policy indicators provide by independent third party institutions using objectives and publicly available data and an analytically rigorous methodology.”

The Philippines was further evaluated using other indicators such as government accountability, rule of law, controlling corruption, natural resources management, health expenditure, primary education, sound fiscal and trade policies and controlling inflation.

While happily acknowledging that the MCC rating was a clear indication of her administration’s drive against graft and corruption, President Arroyo admitted that much still needs to be done for the “long term prosperity and stability of the nation.”

And losing no time on the heels of the glad tidings from the MCC, the President designated Finance Secretary Margarito Teves to work with her office and other government agencies, non-government organizations and the private sector to prepare a five-year plan to reduce poverty which would then be forwarded to the MCC as a grant proposal.

The amount of grant funding available for a country that is privileged to achieve the status of “Compact Country” can be quite substantial.

Two countries elevated to that status in recent months were Tanzania and Kenya, and they received $696 million and $698 million respectively from the MCC for poverty reduction and economic growth projects.

bizzfizz_98@yahoo.com.

  
 

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