UN to provide PH with 70 to 80-M euro funding 2014, adds 10-M euro to Visayas reconstruction in wake of ‘Yolanda’

The European Union (EU) would be “doubling” their 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 total disbursement of 40 million euros (P2.3 billion), according to EU Development Commissioner Andris Pielbags.

Piebalgs 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 spent to the Philippines for 2014.