Japan Commits PHP 117 million for Scholarship Project


Japan Information and Culture Center (JICC) - Press Release No. 29 - 2016

Japanese Ambassador Kazuhide Ishikawa and Secretary of Foreign Affairs Jose Rene D. Almendras signed and exchanged notes on the Japanese Grant Aid for Human Resource Development Scholarship (JDS) Project on June 17, 2016.

This grant aid provides a fund amounting to 274 million yen (approximately 117 million pesos*) to cover 20 JDS fellows, consisting of Filipino young officials from various governmental institutions, entering Japan starting Academic Year 2016-2017.

The project aims to enhance the JDS fellows’ expertise in their respective fields such as “Financial Reform, Investment and SME Promotion Policy”, “Public Policy”, “Transportation Infrastructure” and “Peace and Stability in Mindanao” and to help build a pool of future Filipino leaders who will greatly contribute to the country’s overall economic development by returning to and working in the Philippines. To date, the Philippines has a total of 279 JDS fellows.

* From BSP: PHP-JPY Exchange Rate = .4300 (2016 May average)