ADB-Philippines Partnership Strategy
Since 1966, ADB has been a strong partner in the development of the Philippines, its host country. ADB is one of the country’s largest sources of official development assistance, with average annual lending of $767 million over the past 10 years.
The forthcoming ADB country partnership strategy, 2018–2023 for the Philippines will focus on three main pillars: (i) accelerating infrastructure investments, (ii) promoting local economic development, and (iii) increasing social investments.
The strategy also includes crosscutting support to build inclusive and sustainable growth by promoting private sector participation, gender equality, climate change adaptation and mitigation measures integrated into local government systems, sustainable environmental management, and the use of knowledge and innovation in ADB operations.
The country operations business plan (COBP), 2018–2020 closely aligns with the recently released Philippine Development Plan (PDP), 2017–2022.
ADB’s planned lending in 2018-2020 is expected to total $3.68 billion. More than half of the funds will finance transport, water, and flood management projects, and help the public sector strengthen its capacity to accelerate infrastructure development.
Latest Country Strategies and Business Plans
The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.