COVID-19 Active Response and Expenditure Support Program: Report and Recommendation of the President

Reports and Recommendations of the President | April 2020

The CARES program, under the Countercyclical Support Facility COVID-19 Pandemic Response Option (CPRO) of the Asian Development Bank (ADB), will provide critically needed support to help the Government of the Philippines mitigate the severe health, social, and economic impact caused by the COVID-19 pandemic. ADB’s support will allow the government to undertake public expenditures that are essential for supporting vulnerable populations and curtailing spread of the disease.

The report and recommendation of the President to the Board of Directors (RRP) document describes the terms and conditions of a project for consideration and approval by ADB's Board of Directors.

This document dated April 2020 is provided for the ADB project 54138-001 in the Philippines.

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