Closed Compact Report: Philippines Compact | April 2018

Compact Changes

In July 2015, MCC approved reallocation of $23 million from total anticipated compact savings, of which up to $12 million would be used to fund additional projects under the Kalahi-CIDSS Community-Driven Development Project and up to $11 million would be used to cover a projected budget shortfall on the Secondary National Roads Development Project. Compact savings were attributed to a clarification of the scope of the Revenue Administration Reform Project’s Electronic Tax Information sub-activity, and savings in program management and oversight.