Socioeconomic Report 2005: The Economy


Donors, LGUs and civil society likewise led to the creation of livelihood opportunities and the development of enterprises in Mindanao and other regions of the country. The Philippines-Australia Community Assistance Program (PACAP), a component of Australia’s Development Cooperation Program, for instance, provided a PhP112.95 million development grant that spurred livelihood opportunities, focusing mainly on agribased and off-farm activities. Such investments which include microlending for diversified and organic farming, permaculture projects, enhanced banana production and marketing, and integrated agrilivestock and organic fertilizer production, among others, helped improve the economic condition of 77,721 beneficiaries nationwide.

Source InstitutionNational Economic and Development Authority
Source URL
Page Count185
Place of PublicationManila
Original Publication Date