Analysts say the aid package, while limited in monetary terms, underscores the Philippines’ growing importance to US economic and security strategy – offering a window into how Washington may reward aligned partners even as it pursues a protectionist trade agenda.
The funding marks the first foreign aid announcement by the Trump administration since it declared in January that all foreign assistance would be reviewed and potentially realigned to better serve US interests.
US Secretary of State Marco Rubio revealed plans to earmark a portion of the fund – 825 million pesos – to develop the private sector in the Luzon Economic Corridor that would help bolster investments in transport, logistics, energy and semiconductors, and generate new jobs in the country.
