ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.
Established in 1966, it is owned by 68 members—49 from the region.
ORGANIZATION
ACCOUNTABILITY
ADB supports projects in developing member countries that create economic and development impact, delivered through both public and private sector operations, advisory services, and knowledge support.
Philippines and ADB
ADB supports the Philippines’ recovery from the COVID-19 pandemic through its country partnership strategy 2018–2023 — focusing on infrastructure investment, local economic development, and social investments.
In the Spotlight
ASEAN Catalytic Green Finance Facility 2022: Building Southeast Asia’s Green Project Pipelines
This document presents progress made and achievements from January to December 2022 of the ASEAN Catalytic Green Finance Facility (ACGF).
Uniquely Urban: Case Studies in Innovative Urban Development
This report presents case studies that highlight how ADB's teams are working together to design innovative urban projects across the Asia and Pacific region that leverage its value-added services and support sustainable economic growth.
ADB, Philippine Government Award Skills-Training Grants to Raise Workers’ Productivity
ADB and the Government of the Philippines awarded on Thursday grants to five networks of enterprises based in the Bicol and Davao regions and Cebu province to support skills and competitiveness training for their employees
$500 Million ADB Loan to Support Philippine Agriculture Sector Reforms
ADB has approved a $500 million policy-based loan to help the Government of the Philippines expand economic opportunities in agriculture while ensuring near to long-term food security for the population.
Philippines Facts
ADB's Work in the Philippines
ADB is assisting the Government of the Philippines in its immediate coronavirus disease (COVID-19) response measures, particularly in the health sector and structural reforms including labor and employment programs to aid post-pandemic recovery and overall economic resilience.
In 2021, more than half of ADB’s $2.2 billion total loan commitments to the Philippines focused on boosting the country’s health care service delivery amid the COVID-19 pandemic. This included $650 million in loans for two projects focusing on health system enhancement (HEAL2) and its additional financing. These helped the government procure life-saving COVID-19 vaccines for its national vaccination program. The COVID-19 vaccines purchased by the government using the HEAL2 loan comprised about half of the country’s total vaccine procurement in 2021. ADB also extended a $600 million policy-based loan to help the Philippines provide quality and equitable health services.
Data: Philippines
Forecasts are based on ADB's flagship publication, the Asian Development Outlook. Updated four times a year, it analyzes economic and development issues in developing countries in Asia and the Pacific.
Development indicators for Pakistan, including a selection of economic, environmental, and social indicators used globally to track progress toward the Sustainable Development Goals.
Results achieved are aggregate amounts of outputs and outcomes from operations reported in project completion reports and extended annual review reports circulated for the year.
Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations to participate in financing ADB projects.
South Commuter Railway Project
Once completed, the South Commuter Railway—a section of the North-South Commuter Railway—will offer commuters fast public transport, help to ease road traffic congestion, and contribute to a reduction in greenhouse gas emissions in line with the Philippines’ climate agenda.
ADB Projects in the Philippines View all projects
Featured
ADB supports the Philippine government’s vision to bring back the culture of rail transport in the country through the Malolos-Clark Railway and South Commuter Railway projects.
Approved/Active
Proposed
- Artificial Intelligence and Digitalization Fund
- ASEAN Australia Smart Cities Trust Fund
- ASEAN Catalytic Green Finance Facility
- ASEAN Infrastructure Fund
- Asia Pacific Disaster Response Fund
- Asian Clean Energy Fund
- Asian Development Fund
- Canadian Climate Fund for the Private Sector in Asia
- Cities Development Initiative for Asia
- Clean Energy Financing Partnership Facility
What's New
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| Publications, Papers and Briefs
Corporate Market Power and Monetary Policy Transmission in Asia
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| Publications, Papers and Briefs
Central Bank Asset Purchase Programs in Emerging Market Economies
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| News Releases, News from Country Offices
ADB Invests in Hard Discount Food Retail in the Philippines
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| News from Country Offices
ADB Provides $20 Million Loan to Wyntron to Manufacture EV Charging Equipment in the Philippines
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| Statutory Reports and Official Records
ASEAN Catalytic Green Finance Facility 2022: Building Southeast Asia’s Green Project Pipelines
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| Publications, Papers and Briefs
Bond Market Spillover Networks during the Global Pandemic: What We Learned from ASEAN-4 Markets
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| Reports
Uniquely Urban: Case Studies in Innovative Urban Development
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| News from Country Offices
ADB, Philippine Government Award Skills-Training Grants to Raise Workers’ Productivity
Contact: Philippines Country Office (PhCO)
6 ADB Avenue, Mandaluyong City, 1550 Metro Manila, Philippines
Office Hours: 9:00 a.m. to 6:00 p.m. (Monday to Friday)
Our goals and objectives
The Philippines Country Office (PhCO) was established to facilitate and monitor the impact of ADB's development agenda for the Philippines. We aim to
- strengthen partnership with a wide range of stakeholders including the Philippine Government, non-government organizations, local government units, the business community, donor institutions, media, and civil society
- improve the effectiveness of ADB's operations in the Philippines
Our objectives are to
- strengthen ADB's client orientation and be more responsive to stakeholders' needs by providing more open communication channels
- enhance ADB's visibility by promoting impact-oriented programs for the Philippines, and improving coordination with other development partners
- improve ADB's information-sharing capacity to allow easier and faster access of accurate data and information by stakeholders and the general public
- improve ADB's operations in the Philippines by
- closely coordinating the design and implementation of ADB projects
- monitoring and analyzing economic and social situations
- preparing strategies for poverty alleviation
- pursuing policy dialogues with the Government and other stakeholders.
Our functions
PhCO is responsible for
- interacting and coordinating with ADB's development partners and stakeholders regarding ADB's operations and activities in the Philippines
- conducting policy dialogues with the Government and other stakeholders to operationalize ADB's strategies, reform agenda, and programs for the Philippines
- preparing country reports on the Philippines' economic and development issues and ADB's country operations
- coordinating and strengthening partnerships with other external funding agencies to rationalize ADB's development strategy and programs for the Philippines vis-a-vis other agencies' initiatives
- disseminating information on ADB's activities in the Philippines to stakeholders and the general public
- coordinating with Government to closely monitor the ongoing projects portfolio and resolve problems related to project implementation
PhCO will be closed on these dates:
- New Year's Day: January 2 (Monday), in lieu of January 1
- Holy Thursday: April 6 (Thursday)
- Good Friday: April 7 (Friday)
- Labor Day: May 1 (Monday)
- Independence Day: June 12 (Monday)
- All Saints' Day: November 1 (Wednesday)
- Bonifacio Day: November 30 (Thursday)
- Christmas Day: December 25 (Monday)
- New Year's Eve: December 28 (Thursday), in lieu of December 31
- Rizal Day: December 29 (Friday), in lieu of December 30
Last updated: 3 January 2023