European Union says Philippines declines new EU grants

Jay Anderson
May 18, 2017

"There has been no let up in Duterte's controversial war on drugs, but he is sticking to his pledge to leave economic policy in the hands of his well-respected finance secretary", said Gareth Leather of London-based consultancy Capital Economics.

The Philippines will no longer accept grants from the European Union, the EU delegation to Manila said Thursday, following repeated tirades from President Rodrigo Duterte over its criticism of his deadly drug war. "Fine. I'll pay the price".

The EU has been one of the most vocal worldwide critics of Mr Duterte's drug war which has seen thousands of people killed since he to power a year ago. I do not mind. "That specific grant, that is considered interference in our internal affairs", Dominguez said in a statement sent to media.

The European Union has been one of the most vocal worldwide critics of the drug war.

The EU delegation in Manila said Thursday that the Philippine government informed it about its decision this week.

"If we focus on infrastructure spending alone it should be enough", Favelas said, referring to planned multi-billion-dollar investments in airports, bridges, roads and rail. In March this year, the European Union became the largest destination of exports from the Philippines with $901 million.

It was not clear how much money was in jeopardy.

The European Union says the Philippines sent notice it will no longer accept assistance from the 28-nation bloc, putting at stake 250 million euros ($ 278.7 million) in new EU grants.

Eugenia Victoriano, an economist at ANZ research, said Duterte's decision to name a career central bank official, Nestor Penicillate, as its new governor would help put a lid on rising inflation.

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Filipino President Rodrigo Duterte has called European lawmakers "crazy people" after MEPs criticised his brutal war on drugs.

However, Abella said that it does not mean that the Philippines will also be rejecting aid or grants from other global aid-giving bodies like the United Nations (UN).

Mr Duterte previous year used expletives and raised his middle finger in response to a European parliament statement expressing concern over the killings.

Last year President Duterte dared European Union officials to withdraw funding if they didn't approve of his drug war.

"Hitler massacred three million Jews".

More than 8,000 people have been killed in the Philippines since Duterte became president last June, with police claiming 30 percent of killings happened in self-defence during legitimate operations.

At least 4,000 suspected drug users and peddlers have reportedly been killed since Duterte assumed the office in 2016.

The 50-year conflict killed more than 120,000 people and displaced 1 million others.

Partly in response to American criticism of the drug war, Duterte has also loosened the Philippines' ties with traditional ally the United States.

Other reports by BadHub

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