Philippines and ADB
In the Spotlight
Estero de Paco was the first tributary of Manila's Pasig River to be rehabilitated. The local community is now maintaining the creek and its surroundings clean with the help of a wastewater treatment facility built under an ADB-supported project.
The growth outlook for developing Asia and the Pacific remains steady, even though momentum slowed in the second half of 2014, but the declining oil prices represent a golden opportunity for many beneficial reforms, ADB says in a new report.
On development assignment at ADB's Extended Mission to Yolanda-Affected Areas in Tacloban City, ADB staff Karen Baydo shares her joy at being able to take part in rebuilding the Visayas region, particularly her home province of Eastern Samar, in the Philippines.
One year after Typhoon Yolanda hit central Philippines, the green shoots of recovery are growing stronger and communities are rebuilding their lives.
The Philippines has demonstrated resilience amidst a difficult external environment, in contrast to the regional trend.
In November 2013, ADB responded to the government's call for emergency relief and reconstruction support after Typhoon Yolanda (Haiyan) hit central Philippines. ADB designed and approved more than $900 million in assistance for relief, recovery, and reconstruction of affected areas. In February 2014, ADB also opened the Extended Mission to Yolanda-Affected Areas in Tacloban City.
ADB's country partnership strategy, 2011 to 2016 for the Philippines targets governance reforms and measures to drive broad-based growth and poverty reduction efforts.
97.40(2013) Population in millions
1.5%(2008-2013) Average annual population growth rate
25.2%(2012) Population living below the national poverty line