40538-033: Development Policy Support Program - Subprogram 3 | Asian Development Bank

Philippines: Development Policy Support Program - Subprogram 3

Sovereign (Public) Project | 40538-033 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 - Subprogram 3
Project Number 40538-033
Country Philippines
Project Status Closed
Project Type / Modality of Assistance Loan
Technical Assistance
Source of Funding / Amount
TA 7346-PHI: Improving Public Expenditure Management 2
Technical Assistance Special Fund US$ 800,000.00
Loan 2545-PHI: Development Policy Support Program - Subprogram 3
Ordinary capital resources US$ 250.00 million
Loan: Development Policy Support Program - Subprogram 3
Japan International Cooperation Agency US$ 100.00 million
Strategic Agendas Inclusive economic growth
Drivers of Change Gender Equity and Mainstreaming
Governance and capacity development
Private sector development
Sector / Subsector

Health / Health care finance

Public sector management / Economic affairs management - Public administration - Public expenditure and fiscal management

Gender Equity and Mainstreaming Some gender elements
Project Rationale and Linkage to Country/Regional Strategy
Impact The impact of Subprogram 3 will be to restore the Philippines to a longer-term, sustainable, and higher growth path and to lower unemployment.
Project Outcome
Description of Outcome The outcome of the Subprogram 3 will be more investment through greater fiscal sustainability, better public financial management, a more attractive investment climate, and enhanced human capital and social inclusion.
Progress Toward Outcome
Implementation Progress
Description of Project Outputs

1. Improved fiscal sustainability, maintained macroeconomic stability and improved credit-worthiness.

2. Enhanced public financial management.

3. Investment climate and infrastructure.

4. Enhanced human capital and social inclusion.

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 -
Procurement The loan proceeds will be used to finance the full foreign exchange costs (excluding local duties and taxes) of tiems produced and procured in ADB member countries, including 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 20 Feb 2008
Fact Finding 09 Mar 2009 to 24 Mar 2009
MRM 05 Jun 2009
Approval 14 Apr 2010
Last Review Mission -
Last PDS Update 28 Oct 2010

Loan 2545-PHI

Approval Signing Date Effectivity Date Closing
Original Revised Actual
15 Sep 2009 16 Sep 2009 06 Oct 2009 31 Dec 2009 - 31 Dec 2009
Financing Plan Loan Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 350.35 Cumulative Contract Awards
ADB 250.00 15 Sep 2009 250.00 0.00 100%
Counterpart 0.35 Cumulative Disbursements
Cofinancing 100.00 15 Sep 2009 250.00 0.00 100%

TA 7346-PHI

Approval Signing Date Effectivity Date Closing
Original Revised Actual
15 Sep 2009 15 Jan 2010 15 Jan 2010 30 Sep 2011 - -
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 15 Sep 2009 474,562.66

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

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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.