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p. 46 of 46 BACK | NEXT Moving the Poverty Reduction Agenda Forward: Priorities and Outcomes Strategic Priorities Crosscutting Strategic Themes Regional Perspectives East and Central Asia Mekong The Pacific South Asia Southeast Asia Indonesia Malaysia Philippines

Annual Report 2003 : Moving the Poverty Reduction Agenda Forward: Priorities and Outcomes

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Philippines

Strategy and Policy Dialogue.
ADB’s operational strategy supported the Government's development priorities in the Medium-Term Philippine Development Plan and aimed to reduce poverty, promote market development, improve social service delivery, protect the environment, and promote good governance. ADB assistance included activities for improving financial markets especially in support of SME and rural microcredit services, urban development, power and health sector reforms, rural roads, protecting the environment, and strengthening the judiciary system.

Policy dialogue focused on supporting ongoing program loans (including strengthening financial markets, improving Metro Manila air quality, and rehabilitating the Pasig River), judiciary reform, antimoney laundering, water source development, and health sector reforms. ADB continued dialogue with the Government on reforms in the power sector, including the privatization of the National Power Corporation. Significant efforts were made to resolve governance issues related to land acquisition and resettlement under ongoing projects. Important nonlending activities included (i) improving the quality of the active loan portfolio; (ii) joint publication with the Government and the World Bank of the Public Expenditure, Procurement and Financial Management Review; and (iii) preparation of the Decentralization and Service Delivery Study Phase I. In addition, ADB joined other development partners in the Development Innovative Market Place program which supports pilot poverty reduction projects prepared by civil society groups. To support preparation of the CSP in 2004, assessments were undertaken on governance, gender, environment, private sector, and poverty.

Loans and Technical Assistance.
ADB approved three loans totaling $183.8 million for a nonbank financial governance program, new water source development, and development of poor urban communities. Seven technical assistance grants totaling $4.4 million were approved.

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