The Economy and Development Council (ED Council), chaired by President Marcos, has approved requests from government agencies to increase the cost, as well as extend the implementation and validity period of development objective agreements (DOAgs) supported by the United States.
In a statement, the Department of Economy, Planning and Development (DEPDev) said the ED Council approved during its Oct. 2 meeting the increase in the cost of the Department of Health’s Improved Health for Underserved Filipinos initiative to $524 million from $224 million.
The cost increase is aimed at sustaining the aim of improving health outcomes among underserved populations.
Also approved was the cost increase for the Enhanced Ecosystem and Community Resilience to $250 million, up from $150 million, to enhance the ability of natural systems to provide ecosystem services and mitigate the impacts of climate change.
During the same meeting, the ED Council approved the extension of the implementation period of the Economic Growth and Democratic Governance with Equity initiative until Sept. 30, 2027, to further strengthen macroeconomic fundamentals and promote open governance in support of inclusive growth.
The ED Council also gave its approval to extend the implementation period of the Department of Education’s Improved Basic Education Outcomes initiative until Sept. 30 of next year, enabling the country to achieve sustained and measurable improvements in learning outcomes.
The DEPDev said the approved changes are designed to ensure the continued implementation of these initiatives as project management shifts from the United States Agency for International Development to the US Department of State.
‘These timely adjustments are crucial to sustaining the gains we have achieved through these agreements. They will ensure that programs continue to deliver meaningful results for the Filipino people, particularly in health, education, economic growth, governance and climate resilience,’ ED Council vice-chair and DEPDev Secretary Arsenio Balisacan said.
‘By approving these measures, we are making sure that implementation remains uninterrupted despite the transition in management. This decision reflects our commitment to strengthen partnerships, protect hard-won progress and keep our development priorities on track,’ he said further.
Apart from changes in the US-backed development initiatives, the ED Council also approved adjustments to the Metro Rail Transit Line 3 (MRT-3) Rehabilitation Project, particularly changes in scope, cost, financing and implementation timeline to address emerging technical requirements that enhance the railway’s reliability and safety.
According to the Department of Transportation, the project involves the full replacement of mainline rails, a general overhaul of 72 CKD-Tatra Light Rail Vehicles, as well as the procurement of bogie frames and assemblies.
It also includes integration with other MRT-3 Projects such as the MRT Common Station, Dalian trains and the transition to four-car train operations.
‘The MRT-3 is a vital artery in Metro Manila’s transport network. These adjustments are necessary to meet evolving technical demands and ensure that commuters benefit from a safer, more efficient and more reliable transit system,’ Balisacan said.
Also approved during the ED Council meeting were updated guidelines for the review and approval of major government programs and projects that require action from the ED Council or the Investment Coordination Committee (ICC) co-chaired by DEPDev and the Department of Finance.
These changes include increasing the cost threshold for locally funded programs and projects to P5 billion from P2.5 billion and expanding the ICC coverage to include public-private partnership projects.
The guidelines also institutionalize the ICC’s mandatory review of all foreign loan-assisted projects, regardless of loan amount or total cost, excluding grant-assisted projects, which are reviewed by DEPDev.