PostHeaderIcon EU will closely watch how RP uses foreign aid



Most likely because of the unchecked corruption of countries like the Philippines that the European Union (EU) decided to closely watch how aid money is used by recipient countries. Those who would be uncooperative run the risk of losing their financial aid.

“It is necessary to have clarity on what the government will do with the funds. We are now in the process of restructuring our aid. We want to make it visible and transparent and see for what purpose was it used.”----said Koos Richelle, European Commission’s Director General of the EuropeAid Cooperation Office. Daily Tribune (04/22/09, Del Callar MP)

The European Union including other big donors for development like the US, Australia, and Japan are concerned and want to know if their help to poor countries like the Philippines benefit the intended recipients. They are demanding for tangible results.

The administration of Pres. Gloria M. Arroyo is looked upon by the Filipinos as the most corrupt. Early this year, World Bank (WB) disclosed the bid-rigging which occurs in its road projects. The revelation has blacklisted three Filipino and four Chinese companies involved in the anomaly which implicated Jose Miguel Arroyo, the husband of the president. (Photo Credit: Mikey G Ottawa)

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