PH in talks with Qatar for funding aid

Finance Secretary Carlos Dominguez III says he is in talks with Qatar officials for possible funding aid. The Philippine government is in talks with Qatar for funding aid in infrastructure and the development of the Bangsamoro region, the Department of Finance said.

"We are encouraging more investments in this region to improve the lives of its people in underserved island communities," Dominguez told fund officials.A Qatari delegation visited Dominguez in late 2019, saying that the foreign government can assist efforts towards peace building, the peace process, education, rural infrastructure development, disaster risk reduction and management, and the energy sector.The Middle Eastern nation is a huge player in the crude oil industry.

QFFD senior advisor Samer Frangieh said they can also extend help for education and health care, expanding livelihood in fisheries, and initiatives to bring former rebels to the economic mainstream. The agency quoted Bangsamoro region Minister for the Interior Government Naguib Sinarimbo as saying that the autonomous government is planning to transform rebel camps into “economic-producing areas.”

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