Philippines: Development Policy Support Program, Subprogram 2

Sovereign (Public) Project | 40538-023

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
  • Country
  • Modality
    • Loan
    • Technical Assistance
  • Sector
    • Public sector management
Project Name Development Policy Support Program, Subprogram 2
Project Number 40538-023
Country Philippines
Project Status Closed
Project Type / Modality of Assistance Loan
Technical Assistance
Source of Funding / Amount
TA 7138-PHI: Improving Public Expenditure Management
Technical Assistance Special Fund US$ 800,000.00
Loan 2450-PHI: Development Policy Support Program, Subprogram 2
Ordinary capital resources US$ 250.00 million
Loan: Development Policy Support Program, Subprogram 2
Japan International Cooperation Agency US$ 100.00 million
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 The subprogram 2 for 2008 builds on erforms initiated under subprogram 1 for fiscal consolidation and strengthening of governance in PEM and procurement.
Project Rationale and Linkage to Country/Regional Strategy
Impact (i) Sustainable higher economic growth; (ii) Reduced unemployment
Project Outcome
Description of Outcome Improved investor confidence.
Progress Toward Outcome
Implementation Progress
Description of Project Outputs

1. Improved fiscal and macroeconomic stability:

- Reduced national government and consolidated public sector deficits

- Strengthened public debt management systems

- Increased tax revenue as a share of GDP

- Implemented tax administration reforms

2. Improved governance in public expenditure management and anticorruption:

- Strengthened institutional and reporting framework for effective public financial management, and improved performance management and delivery of public services

- Procurement systems made more efficient, useable, and transparent

- Strengthened anticorruption programs in the revenue agencies

3. Investment climate and infrastructure

- Reduced business transaction costs

- Increased private participation in infrastructure provision

4. Social inclusion

- Improved poverty monitoring and targeting

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 The loan proceeds will be used to finance the full foreign exchange costs (excluding local duties and taxes) of items produced and procured in ADB member countries, excluding ineligible items and imports financed by other bilateral and multilateral sources.
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
DOF Building
Bangko Sentral ng Pilipinas Complex
Roxas Blvd., Manila, Philippines
Concept Clearance 22 Aug 2006
Fact Finding 03 Dec 2007 to 25 Jan 2008
MRM 17 Jul 2008
Approval 08 May 2009
Last Review Mission -
Last PDS Update 28 Oct 2010

Loan 2450-PHI

Approval Signing Date Effectivity Date Closing
Original Revised Actual
30 Sep 2008 07 Oct 2008 18 Nov 2008 31 Mar 2009 - 20 Nov 2008
Financing Plan Loan Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 350.35 Cumulative Contract Awards
ADB 250.00 07 Sep 2021 250.00 0.00 100%
Counterpart 0.35 Cumulative Disbursements
Cofinancing 100.00 07 Sep 2021 250.00 0.00 100%

TA 7138-PHI

Approval Signing Date Effectivity Date Closing
Original Revised Actual
30 Sep 2008 18 Dec 2008 18 Dec 2008 31 Mar 2010 31 Dec 2012 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
800,000.00 0.00 0.00 0.00 0.00 0.00 800,000.00 07 Sep 2021 541,300.00

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

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Related Publications

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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.