Philippines: Inclusive Finance Development Program (Subprogram 2)
Project Details
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Project Officer
Hattel, Kelly L.
Southeast Asia Department
Request for information -
Country/Economy
Philippines -
Sector
- Finance
Related Projects
| Project Name | Inclusive Finance Development Program (Subprogram 2) | ||||
| Project Number | 51309-002 | ||||
| Country / Economy | Philippines |
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| Project Status | Closed | ||||
| Project Type / Modality of Assistance | Loan |
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| Source of Funding / Amount |
|
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| Strategic Agendas | Environmentally sustainable growth Inclusive economic growth |
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| Drivers of Change | Gender Equity and Mainstreaming Governance and capacity development Knowledge solutions Partnerships Private sector development |
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| Sector / Subsector | Finance / Inclusive finance |
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| Gender Equity and Mainstreaming | Some gender elements | ||||
| Description | |||||
| Project Rationale and Linkage to Country/Regional Strategy | |||||
| Impact | Resilient and inclusive finance sector achieved | ||||
| Project Outcome | |
|---|---|
| Description of Outcome | Financial inclusion increased |
| Progress Toward Outcome | |
| Implementation Progress | |
| Description of Project Outputs | Institutional and policy environment for financial inclusion strengthened |
| Status of Implementation Progress (Outputs, Activities, and Issues) | |
| Geographical Location | Nation-wide |
| 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 | |
| Responsible ADB Officer | Hattel, Kelly L. |
| 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 |
| Timetable | |
|---|---|
| Concept Clearance | - |
| Fact Finding | 20 Jan 2020 to 08 May 2020 |
| MRM | 22 Jun 2020 |
| Approval | 21 Aug 2020 |
| Last Review Mission | - |
| Last PDS Update | 24 Aug 2020 |
Loan 3959-PHI
| Milestones | |||||
|---|---|---|---|---|---|
| Approval | Signing Date | Effectivity Date | Closing | ||
| Original | Revised | Actual | |||
| 21 Aug 2020 | 27 Aug 2020 | 30 Sep 2020 | 31 Aug 2021 | - | 01 Feb 2021 |
| Financing Plan | Loan Utilization | ||||
|---|---|---|---|---|---|
| Total (Amount in US$ million) | Date | ADB | Others | Net Percentage | |
| Project Cost | 300.00 | Cumulative Contract Awards | |||
| ADB | 300.00 | 17 Jun 2022 | 300.00 | 0.00 | 100% |
| Counterpart | 0.00 | Cumulative Disbursements | |||
| Cofinancing | 0.00 | 17 Jun 2022 | 300.00 | 0.00 | 100% |
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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| Title | Document Type | Document Date |
|---|---|---|
| Loan Agreement (Ordinary Operations) for Loan 3959-PHI: Inclusive Finance Development Program (Subprogram 2) | Loan Agreement (Ordinary Resources) | Aug 2020 |
| Inclusive Finance Development Program (Subprogram 2): Report and Recommendation of the President | Reports and Recommendations of the President | Jul 2020 |
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.
The Access to Information Policy (AIP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.
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Tenders
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Contracts Awarded
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Procurement Plan
None currently available.