Philippines and ADB
In the Spotlight
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Public ICT Center for Rural Development: Inclusiveness, Sustainability, and Impact
Cybercafés arise as small urban businesses but are not financially viable in rural areas. Telecenters are a governmental response, modeled after cybercafés, to try to bring the benefits of computers and the internet to underserved rural communities.
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ADB Education Assistance Works: Just Ask Filipino Student Levelyn Dapito
More than 25 million students work in improved schools and colleges across Asia and the Pacific due to ADB loans and grants since 2010.
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ADB President Pledges to Support Philippines' Build, Build, Build Program
ADB is ready to assist the Philippine government to deliver on its ambitious Build, Build, Build infrastructure program, including a $100 million loan to fast track priority projects in transport and water system management, ADB President Takehiko Nakao told a Philippine Transport Forum
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Government Development Plan to Sustain Strong Growth
Gross domestic product (GDP) growth of the Philippines will remain strong in 2017, driven mainly by public and private investment, says a new ADB report.
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.
Latest
On the back of a brightening global outlook, government bond yields in major advanced economies rose between 1 June and 15 August, with the increase extending to emerging East Asia.
Asia Bond Monitor - September 2017
Sex-disaggregated Data on Asset Ownership
ADB supported household surveys measuring assets and entrepreneurship from a gender perspective in Georgia, Mongolia, and the Philippines.
This book looks at how low-income households and small firms access financial services in Asia.
Financial Inclusion, Regulation, and Education: Asian Perspectives
Projects in the Philippines
Approved/Active
- Strengthening Infrastructure Capacity and Innovation for Inclusive Growth
- Facilitating Youth School-to-Work Transition Program (Subprogram 1)
- Local Government Finance and Fiscal Decentralization Reform Program, Subprogram 2
- Strengthening Tax and Fiscal Policy Capacity for Inclusive Growth
- Financial Inclusion Framework Strengthening
Closed
- Expanding Private Participation in Infrastructure Program, Subprogram 1
- Encouraging Investment through Capital Market Reforms Program (Subprogram 1)
- Strengthening Institutions for Investments in Mindanao
- Increasing Competitiveness for Inclusive Growth Program (Subprogram 2)
- Teach for the Philippines
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1.9%
Average annual population growth rate in Philippines (2011-2016)
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103.24
Population in Philippines, in millions (2016)
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21.6%
Population living below the national poverty line in Philippines (2015)
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114
Maternal mortality ratio in Philippines, per 100,000 live births (2015)