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Support for economic growth in the Philippines
To this end, during a visit to Manila, Philippines, on November 10, 2012, Prime Minister Stephen Harper announced support of $15.5 million over four years, starting in 2013 and ending in 2016, for a project that will promote economic growth and employment in the Philippines.
The Fostering Inclusive Growth initiative will support the Philippines Government in its efforts to reduce poverty and create jobs by helping them improve the regulations governing investment in infrastructure projects and increase economic opportunities for youth by providing training in market-ready skills.
Managed by the Asian Development Bank, the initiative will also provide technical assistance to selected Philippines government agencies at the national and local level, helping develop their capacity to adopt and implement key tourism and employment policy and program measures.
