Partnership for Growth (PFG): Addressing the Most Serious Constraints to Development and Inclusive Growth
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On Nov. 16, 2011, the Philippines and the U.S. signed a Partnership for Growth (PFG) Joint Statement of Principles. The PFG joint statement aims to assist the Philippines achieve a higher, sustained, & more inclusive growth trajectory. Through the PFG, U.S. is helping improve regulatory quality, strengthen the rule of law, and expand integrity initiatives.
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PCG Human Services When Child Welfare Works White Paper
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USAID
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Partnership for Growth (PFG): Addressing the Most Serious Constraints to Development and Inclusive Growth
- 2. The U.S. and the Philippines conducted a joint analysis which concluded that the key constraints to growth in the Philippines were a lack of fiscal space and weak governance, and that underlying both was pervasive corruption. Poor infrastructure and inadequate human capital were also identified as serious constraints, but were themselves exacerbated by poor governance.
- 3. On November 16, 2011, the Philippines and the U.S. signed a PFG Joint Statement of Principles that aims to assist the Philippines achieve the goal of moving to a higher, sustained and more inclusive growth trajectory in line with other high-performing emerging economies. The PFG Joint Country Action Plan was launched soon thereafter to provide the framework for deeper bilateral engagement towards addressing the key constraints to economic growth and inclusive development.
- 4. Facts & Figures: Did you know? Through the PFG, U.S. is helping improve regulatory quality, strengthen the rule of law, and expand integrity initiatives. U.S. assistance is also helping promote sustainable and efficient fiscal policies in the country.
- 5. Facts & Figures: The U.S. is engaging Philippine educational institutions to leverage quality improvements in early grade reading, and higher education efficiency. The U.S. is enabling the environment and natural resources sector to provide a foundation for sustainable economic growth.
- 6. Facts & Figures: To reduce opportunities for corruption, USAID is supporting the Civil Service Commission in reducing red tape & improving asset disclosure. The U.S. Agency for International Development is coordinating with other donors and the Global Fund to support quality TB treatment. USAID is helping increase access to quality maternal and newborn care and skilled service providers.
- 7. Facts & Figures: USAID is helping address both supply and demand constraints to broader adoption of mobile money (m-money) in the Philippines. Through the m-money, the U.S. is supporting 3 strategic interventions: the payment system, government services, & electronic payroll distribution. To help accelerate inclusive growth, the U.S. is working with secondary cities to become engines of growth and innovation.
- 8. Facts & Figures: The U.S., through the MCC Compact, has funded close to 800 small-scale infrastructure and community-led development projects through DSWD. The U.S. Department of Labor awarded a US$15- million grant to World Vision to combat child labor in sugarcane areas in the Philippines. USAID is assisting the Philippine judiciary to improve judicial efficiency.
- 9. Facts & Figures: U.S. assistance to the Philippines will also improve environmental resilience. To support climate change adaptation efforts, the U.S. is integrating climate resilience and disaster risk reduction. In Mindanao, the U.S. is helping strengthen the foundations for a more peaceful and well- governed state in the conflict-affected areas.
- 10. Facts & Figures: The U.S. is the Philippines’ largest grant donor, providing more than US$318 million in U.S. FY 2012. Since 2001, the U.S. total assistance to the Philippines is more than US$2.4 billion (totaling about US$5.7 billion since 1986). Over the past five years (U.S. FYs 2008- 2012), the U.S. has provided US$49.5 million in disaster response assistance to the Philippines. For FY 2013, the U.S. so far has provided an additional US$12.4 million in response to Typhoon Bopha (Pablo). Also, the U.S. provided disaster risk reduction assistance amounting to US$4 million in 2012 and US$6 million in 2013.