Socioeconomic Planning Secretary and NEDA Director General Romulo L. Neri (left, seated) and Australian Ambassador Ruth Pearce (right, seated) sign the A$28.3-million subsidiary arrangement for Philippines-Australia Community Assistance Program (PACAP) that will take place for five years. Witnessing the ceremony are (standing from left) NEDA Assistant Director General for Programming Rolando G. Tungpalan, new PACAP Director David Swete Kelly and Australian Embassy First Secretary for Development Cooperation Paul O'Neill. The government of Australia recently pledged to continue its support to the Medium-Term Philippine Development Plan (MTPDP), 2005-2010, which aims to reduce poverty by half by 2010.