USAID, LGU to launch E-Peso activity PDF Print E-mail
Monday, 03 August 2015 11:05

The City Government and the United States Assistance for International Development (USAID) are collaborating efforts for the Zamboanga launching of the E-PESO activity in Zamboanga, a program supporting the objectives of the US-Philippines partnership for Growth which focuses on addressing binding constraints to achieve sustained, more inclusive economic growth.

The project briefing and planning workshop is slated August 4-5 at City Hall.

E-PESO supports the Philippines to shift from a cash-based economy to digital through the development of an efficient, transparent and inclusive e-payment ecosystem that contributes to broad-based economic growth. It targets four areas of strategic intervention – driving transaction volume, supporting the expansion and effective management of e-payment infrastructures, improving the enabling environment for e-payment usage and building the e-payment ecosystem with particular focus on key cities identified under the USAID’s Cities Development Initiative (CDI).

Mayor Beng Climaco together USAID representatives and E-PESO team members will sit down for a project briefing as well as to set the formal launching date and signing of the executive order in the morning of Wednesday, August 5. The workshop will be in the afternoon. The August 4 (Tuesday) activities will include a pre-activity meeting and IT Gap Assessment.

USAID will be represented by Teresita Espenilla, Contracting Officer’s Representative (COR) while the E-PESO activity team will include Chief of Party John Owens, Component 4 Lead Jing Gusto and Mindanao Regional Manager Mark Guillermo.

The E-PESO is partnering with the Government of the Philippines and private sector to achieve a 20-fold increase in electronic payment usage and supports the development of an economic infrastructure that will enable Filipinos to access new financial products that will help spur broad-based and inclusive economic development. — Sheila Covarrubias