Philippines and ADB | Asian Development Bank

Philippines and ADB

In the Spotlight

The Philippines is among the fastest-growing economies in Southeast Asia, with upgrades to sovereign investment ratings confirming improvements in the country’s macroeconomic fundamentals. The government has defined its development objectives as driving rapid but inclusive economic growth, accelerating employment on a massive scale, and reducing poverty.

Since 1966, ADB has been a strong partner in the development of the Philippines, its host country. The country operations business plan, 2017-2019 will help the government achieve more inclusive growth and address income inequalities and regional disparities.

The Philippines is part of the Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA).

Read the ADB and Philippines fact sheet.


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Projects in the Philippines