Asian Development Bank and Philippines: Fact Sheet
The ADB program in the Philippines has provided loans, grants and technical assistance to grow the country’s economy and improve the lives of people, particularly the poor, women, children and other vulnerable groups.
ADB has been a strong development partner of the Philippines, its host country, with average annual lending of $745 million in the last 10 years.
The Philippines is among the fastest-growing economies in Southeast Asia. To meet the large infrastructure needs of the Philippines, ADB has been supporting PPPs since 2011. Increasing use of results-based lending is expected to identify investment projects that make better use of country systems to increase implementation efficiency.
Future ADB assistance to the Philippines will be based on a holistic program-oriented approach, to increase the predictability of ADB resource allocations and government disbursements, strengthen synergy across sectors and operations, and provide financing flexibility to suit the assistance required.
Updated yearly, this ADB Fact Sheet provides social and economic indicators on the Philippines as well as concise information on ADB's operations in the country and contact information.