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 (COBP), 2018–2020 closely aligns with the recently released Philippine Development Plan (PDP), 2017–2022.

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

Read the ADB and Philippines fact sheet
See ADB Data Library - Philippines: By the Numbers

  


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Projects in the Philippines