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, 2019–2021 is aligned with ADB's country partnership strategy, 2018–2023 for the Philippines.
The Philippines is part of the Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA).
Latest
Green and Blue Finance Will Help Bridge Infrastructure Investment Gap in Southeast Asia
Countries in Southeast Asia need to promote innovative green and blue finance approaches to address the rising financing gap for sustainable infrastructure in the region, according to an ASEAN workshop in Bangkok.Right Fiscal Reforms, Policies Can Help Meet Social Protection Agenda in Asia and Pacific — ADB Report
Countries in Asia and the Pacific have a good chance of achieving the social protection agenda under the Sustainable Development Goals if the right fiscal reforms and policies are in place, says a new study by ADB.Demystifying Rising Inequality in Asia
Projects in the Philippines
Proposed
Approved/Active
- AC Energy Green Bond Project
- Developing Anti-Money Laundering and Combating the Financing of Terrorism Approaches, Methodologies, and Controls (Subproject B)
- Agricultural Value Chain Development in Selected Asian Countries
- Emergency Assistance for Reconstruction and Recovery of Marawi
- Strengthening Financial Management in Asia and the Pacific, Phase 2
Closed
- Facilitating Youth School-to-Work Transition Program (Subprogram 1)
- Local Government Finance and Fiscal Decentralization Reform Program, Subprogram 2
- Expanding Private Participation in Infrastructure Program, Subprogram 1
- Encouraging Investment through Capital Market Reforms Program (Subprogram 1)
- Asian Development Outlook 2016-2018 - Asian Development Outlook 2016 (Subproject 1)