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Filipino fishermen hope to get a better catch from Laguna Lake and Manila Bay when these fishing grounds get cleaned up with the help of funding from Hungary.
The Hungarian government has opened a $592-million (Dh2.18 billion) credit facility to the Philippines as part of the European country’s Eastern Shift Policy and that includes about $22.4 million (Dh82.15 million) to fund the cleanup of Laguna Lake and Manila Bay.
The fund was offered by Hungarian Foreign Minister Peter Szijjarto in a phone call, according to Agriculture Secretary Manny Piñol.
“The fund was offered [during] a call I made on him [last Wednesday] in Budapest after I mentioned the cleanup of lakes, rivers, creeks and bays in the Philippines as part of the Department of Agriculture’s fisheries program for sustainable fishing,” Piñol said in a Facebook post.
Szijjarto told Piñol that the Hungarian Eximbank has allocated approximately $570.20 million credit facility, which can be accessed by private business groups to fund projects that could support the partnership between the two nations.
The Hungarian Foreign Minister said the funding is “offered without any attached conditions; there would be no interference in the internal affairs of the Philippines.
The Hungarian government will also offer 35 scholarship grants to Filipino post-graduate students in the agriculture field and five slots under the Food and Agriculture Organization program.
Photo Credit: Wazzup Pilipinas
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type=”2_3″][et_pb_sidebar admin_label=”Sidebar” orientation=”right” area=”sidebar-4″ background_layout=”dark” disabled_on=”on|on|” module_class=”recent-job” custom_css_main_element=”float:left;” disabled=”off” /][et_pb_image admin_label=”Image” src=”https://filipinotimes.net/wp-content/uploads/2017/04/tft-jobs.png” show_in_lightbox=”off” url_new_window=”off” use_overlay=”off” animation=”off” sticky=”on” align=”left” max_width=”164px” force_fullwidth=”off” always_center_on_mobile=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” custom_css_main_element=”float: left;||position: relative;||top: 37px;||left: 20px;” disabled=”off” /][et_pb_text admin_label=”Text” background_layout=”light” text_orientation=”left” max_width=”280px” max_width_last_edited=”off|desktop” module_class=”jobs-tb-caption” header_font_size=”28px” text_font_size=”20px” use_border_color=”off” border_style=”solid” custom_padding=”0px|||” custom_css_main_element=”margin-left: 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We listed over 1,000,000 jobs from United Arab Emirates monthly.
[/et_pb_text][et_pb_search admin_label=”Search” background_layout=”light” text_orientation=”right” exclude_pages=”off” exclude_posts=”off” include_categories=”2,3,9,10,11,4254,12,1,13,4259″ hide_button=”on” placeholder=”ei. Nurses, Engineer, Accountant, Sales…” field_bg=”#ffffff” placeholder_color=”#7c7c7c” module_class=”jobs-search” input_font_size=”14px” input_letter_spacing=”0px” input_line_height=”1em” button_font_size=”14px” button_letter_spacing=”0px” button_line_height=”1em” custom_css_input_field=”height: 50px !important;||max-width: 436px;||text-align: left !important;||float: left;||margin-left: 20px;” disabled=”off” /][/et_pb_column][et_pb_column type=”1_3″][et_pb_image admin_label=”Image” src=”https://filipinotimes.net/wp-content/uploads/2017/04/tft-rent.png” show_in_lightbox=”off” url_new_window=”off” use_overlay=”off” animation=”off” sticky=”on” align=”left” max_width=”164px” force_fullwidth=”off” always_center_on_mobile=”on” use_border_color=”off” border_color=”#ffffff” border_width=”1px” border_style=”solid” custom_css_main_element=”float: left;||position: relative;||top: 37px;||left: 20px;” disabled=”off” /][et_pb_text admin_label=”Text” background_layout=”light” text_orientation=”left” max_width=”280px” max_width_last_edited=”off|desktop” header_font_size=”28px” text_font_size=”20px” use_border_color=”off” border_style=”solid” custom_padding=”0px|||” custom_css_main_element=”margin-top: 123px;||font-family: Georgia;||margin-left: 20px;” disabled=”off”] Accomodation option available in the market. [/et_pb_text][et_pb_search admin_label=”Search” background_layout=”light” text_orientation=”right” exclude_pages=”off” exclude_posts=”off” include_categories=”2,3,9,10,11,4254,12,1,13,4259″ hide_button=”on” placeholder=”ei. 1 Bedroom Al Rigga, Flat, Bedspace…” field_bg=”#ffffff” placeholder_color=”#7c7c7c” module_class=”jobs-search” input_font_size=”14px” input_letter_spacing=”0px” input_line_height=”1em” button_font_size=”14px” button_letter_spacing=”0px” button_line_height=”1em” custom_css_input_field=”height: 50px !important;||max-width: 436px;||text-align: left !important;||float: left;||margin-left: 20px;||position: relative;||top:-30px;” disabled=”off” /][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section bb_built=”1″ admin_label=”Section” transparent_background=”off” background_color=”#1a1c1d” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”off” custom_padding=”0px||0px|” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” make_equal=”off” use_custom_gutter=”off” fullwidth=”off” specialty=”off” disabled=”on” disabled_on=”on|on|on”][et_pb_row admin_label=”Row” make_fullwidth=”off” use_custom_width=”on” width_unit=”on” custom_width_px=”1200px” custom_width_percent=”80%” use_custom_gutter=”off” gutter_width=”3″ custom_padding=”50px||50px|” allow_player_pause=”off” parallax=”off” parallax_method=”off” make_equal=”off” parallax_1=”off” parallax_method_1=”off” parallax_2=”off” parallax_method_2=”off” parallax_3=”off” parallax_method_3=”on” parallax_4=”off” parallax_method_4=”on” disabled=”off”][et_pb_column type=”1_2″][et_pb_text admin_label=”Text” background_layout=”light” text_orientation=”left” module_class=”slim-optin-text” use_border_color=”off” border_style=”solid” disabled=”off” border_color=”#ffffff” custom_css_main_element=”line-height: 1 !important;”][su_column size=”1/4″ class=”sub-optin”]Latest News[/su_column][su_column size=”3/4″ class=”sub-optin-2″]Subscribe to our free weekly newsletter and never miss a thing. No spam. Only hand-picked trending news.[/su_column]
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