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.
ADB's country partnership strategy 2018–2023 for the Philippines will support policy reforms, institutional capacity development, and financing investments that promote high and inclusive growth.
ADB operations in the Philippines rest on three strategic pillars: (i) accelerating infrastructure and long-term investments, (ii) promoting local economic development, and (iii) investing in people. The country partnership strategy lays out a program of priority activities to support each of these pillars and promotes rebalancing ADB financing toward infrastructure projects in support of the government’s Build, Build, Build infrastructure program.
The country operations business plan, 2019–2021 is aligned with ADB's country partnership strategy, 2018–2023 for the Philippines. It supports the government’s priorities embedded in the Philippine Development Plan, 2017–2022 to raise the country’s potential growth trajectory and reduce poverty incidence and income inequalities.
Latest Country Strategies and Business Plans
The Access to Information Policy 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.