Philippines: Prosperity Fund

(asked on 4th September 2018) - View Source

Question to the Cabinet Office:

To ask Her Majesty's Government how much has been spent or invested by the UK Prosperity Fund in the Philippines in the (1) current, and (2) previous two years; and what impact this has had on increasing employment, establishing minimum wages and conditions, and reducing the need for the emigration of workers.


Answered by
Lord Young of Cookham Portrait
Lord Young of Cookham
This question was answered on 18th September 2018

The Prosperity Fund (PF) has spent the following in the Philippines over the last three years:

2016/17

£507,452

2017/18

£58,099

2018/19 (estimated up to Aug 2018)

£83,653

Project activity has covered a number of areas including health, urban development and disaster protection, and includes preparatory work for larger programmes shortly to be approved. It is too early to fully assess impact.

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