fbpx 40538-013: Development Policy Support Program | Asian Development Bank

Philippines: Development Policy Support Program

Sovereign (Public) Project | 40538-013 Status: Closed

The Asian Development Bank is working with the Philippines to encourage economic growth and reduce unemployment by managing public debt. The program is working to improve fiscal sustainability, macroeconomic stability, creditworthiness by raising tax revenues, strengthening tax administration, and reducing inefficient spending.

Project Details

Project Officer
Bird, Kelly Southeast Asia Department Request for information
  • Philippines
  • Loan
  • Technical Assistance
  • Public sector management
Project Name Development Policy Support Program
Project Number 40538-013
Country Philippines
Project Status Closed
Project Type / Modality of Assistance Loan
Technical Assistance
Source of Funding / Amount
Loan 2315-PHI: Development Policy Support Program
Ordinary capital resources US$ 250.00 million
Ordinary capital resources US$ 250.00 million
TA 4920-PHI: Strengthening Institutions for Investment Climate and Competitiveness
Technical Assistance Special Fund US$ 800,000.00
Technical Assistance Special Fund US$ 800,000.00
Strategic Agendas Inclusive economic growth
Drivers of Change Governance and capacity development
Private sector development
Sector / Subsector

Public sector management / Economic affairs management

Gender Equity and Mainstreaming No gender elements
Description TBD
Project Rationale and Linkage to Country/Regional Strategy

The DPSP process is guiding ADB?s activities in the Philippines in 2006 and 2007 and may become the key pillar of the next country partnership strategy.

For effective development results, the DPSP cluster will focus on a broad policy agenda that addresses thematic and cross-cutting issues of fiscal sustainability, governance and anticorruption policy, the investment climate, and protecting spending on the social sectors, all of which were key outcomes and outputs of the ADB CSP. The DPSP emphasizes the achievement of measurable policy outcomes and results, while leaving detailed policy prescriptions to programs and projects in individual sectors. In this way, the DPSP both complements and reinforces the ADB?s sector loan programs and projects. For example, the DPSP sets out broad policy outcomes for improving the investment climate but leaves the detail of the policy reforms to programs such as the power sector development program and the financial market regulation and intermediation program.

The ADB?s DPSP and its support for coordinated sector-specific interventions are part of efforts to align and harmonize the strategies of development partners with those of the Government. The DPSP and the parallel policy dialogue on sector reforms has been greatly appreciated by the Government.

8 ADB. 2006. Report and Recommendation of the President to the Board of Directors on a Proposed Loan to the

Republic of the Philippines for the Power Sector Development Program. Manila.

9 ADB. 2006. Report and Recommendation of the President to the Board of Directors on a Proposed Loan to the

Republic of the Philippines for the Financial Market Regulation and Intermediation Program. Manila.

Project Outcome
Description of Outcome
Progress Toward Outcome
Implementation Progress
Description of Project Outputs
Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location
Safeguard Categories
Environment C
Involuntary Resettlement C
Indigenous Peoples C
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Business Opportunities
Consulting Services TBD
Procurement TBD
Responsible ADB Officer Bird, Kelly
Responsible ADB Department Southeast Asia Department
Responsible ADB Division Public Management, Financial Sector and Trade Division, SERD
Executing Agencies
Department of Finance
Margarito Teves
Department of Finance, Roxas Boulevard
Concept Clearance 22 Aug 2006
Fact Finding 23 Aug 2006 to 07 Sep 2006
MRM 29 Sep 2006
Approval 08 Feb 2007
Last Review Mission -
PDS Creation Date 22 Feb 2007
Last PDS Update 28 Oct 2010

Loan 2315-PHI

Approval Signing Date Effectivity Date Closing
Original Revised Actual
08 Feb 2007 13 Feb 2007 21 Feb 2007 31 Mar 2007 - 31 Mar 2007
Financing Plan Loan Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 500.00 Cumulative Contract Awards
ADB 500.00 08 Feb 2007 250.00 0.00 100%
Counterpart 0.00 Cumulative Disbursements
Cofinancing 0.00 08 Feb 2007 250.00 0.00 100%

TA 4920-PHI

Approval Signing Date Effectivity Date Closing
Original Revised Actual
08 Feb 2007 27 Mar 2007 27 Mar 2007 30 Aug 2008 30 Oct 2010 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
1,600,000.00 0.00 0.00 0.00 0.00 0.00 1,600,000.00 08 Feb 2007 638,939.71

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

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Safeguard Documents See also: Safeguards

Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

None currently available.

Evaluation Documents See also: Independent Evaluation

None currently available.

Related Publications

None currently available.

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No tenders for this project were found.

Contracts Awarded

No contracts awarded for this project were found

Procurement Plan

None currently available.