ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.
Established in 1966, it is owned by 68 members—49 from the region.
ORGANIZATION
ACCOUNTABILITY
ADB supports projects in developing member countries that create economic and development impact, delivered through both public and private sector operations, advisory services, and knowledge support.
Philippines and ADB
ADB supports the Philippines’ recovery from the COVID-19 pandemic through its country partnership strategy 2018–2023 — focusing on infrastructure investment, local economic development, and social investments.
In the Spotlight
Integrating the Graduation Approach into a Sustainable Livelihood Program
This brief shows how the graduation approach can be successfully integrated into sustainable livelihood programs to bolster the incomes and resilience of vulnerable households.
Consumer Spending, Public Investment to Support Philippine Economic Growth in 2023, 2024 — ADB
Philippine economic growth is expected to moderate this year due to inflation and global headwinds before picking up in 2024 as price pressures ease, according to a report released by ADB.
$303 Million ADB Loan to Boost Flood Resilience in Philippines’ River Basins
ADB has approved a $303 million loan to reduce flood and climate risks and protect people and livelihoods in three major river basins in the Philippines, one of the most vulnerable countries to the effects of climate change and disasters caused by natural hazards.
Asia Bond Monitor – September 2023
This edition shows how a modest improvement in economic fundamentals has buoyed East Asia’s local currency bond (LCY) markets, but potential renewed increases in inflation and further interest rate hikes could pose risks for the region’s borrowers.
Philippines Facts
ADB's Work in the Philippines
ADB is helping the Government of the Philippines address poverty and inequality, tackle climate change, enhance resilience and sustainability, make cities more livable, improve governance and institutional capacity, and promote gender equality. It has embarked on groundbreaking infrastructure investments in the country to boost regional connectivity. It aims to assist the government in achieving a sustainable and climate-responsive economic recovery through quality employment and livelihood opportunities, improved access to social services, enhanced food security, and reduced vulnerability to epidemics and natural disasters.
Data: Philippines
Economic Forecasts
Forecasts are based on ADB's flagship publication, the Asian Development Outlook. Updated four times a year, it analyzes economic and development issues in developing countries in Asia and the Pacific.
Poverty in the Philippines
Development indicators for the Philippines, including a selection of economic, environmental, and social indicators used globally to track progress toward the Sustainable Development Goals.
Results of ADB-Supported Operations
Results achieved are aggregate amounts of outputs and outcomes from operations reported in project completion reports and extended annual review reports circulated for the year.
Projects Cofinanced
Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations to participate in financing ADB projects.
South Commuter Railway Project
Once completed, the South Commuter Railway—a section of the North-South Commuter Railway—will offer commuters fast public transport, help to ease road traffic congestion, and contribute to a reduction in greenhouse gas emissions in line with the Philippines’ climate agenda.
ADB Projects in the Philippines View all projects
Featured
ADB supports the Philippine government’s vision to bring back the culture of rail transport in the country through the Malolos-Clark Railway and South Commuter Railway projects.
Approved/Active
Proposed
What's New
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| Publications, Papers and Briefs
Integrating the Graduation Approach into a Sustainable Livelihood Program
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| News Releases, News from Country Offices
Consumer Spending, Public Investment to Support Philippine Economic Growth in 2023, 2024 — ADB
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| News Releases, News from Country Offices
$303 Million ADB Loan to Boost Flood Resilience in Philippines’ River Basins
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| Publications, Reports
Asia Bond Monitor – September 2023
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| Publications, Papers and Briefs
What Can Be Done to Improve the Use of Country Governance Systems?
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| News from Country Offices
ADB, Deutsche Bank Sign Risk Sharing Agreement to Boost Supply Chain Financing in Asia
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| News Releases, News Release
Global Trade Finance Gap Expands to $2.5 Trillion in 2022
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| Brochures and Flyers
Asian Development Bank and the Philippines: Fact Sheet
Contact: Philippines Country Office (PhCO)
6 ADB Avenue, Mandaluyong City, 1550 Metro Manila, Philippines
Office Hours: 9:00 a.m. to 6:00 p.m. (Monday to Friday)
Our goals and objectives
The Philippines Country Office (PhCO) was established to facilitate and monitor the impact of ADB's development agenda for the Philippines. We aim to
- strengthen partnership with a wide range of stakeholders including the Philippine Government, non-government organizations, local government units, the business community, donor institutions, media, and civil society
- improve the effectiveness of ADB's operations in the Philippines
Our objectives are to
- strengthen ADB's client orientation and be more responsive to stakeholders' needs by providing more open communication channels
- enhance ADB's visibility by promoting impact-oriented programs for the Philippines, and improving coordination with other development partners
- improve ADB's information-sharing capacity to allow easier and faster access of accurate data and information by stakeholders and the general public
- improve ADB's operations in the Philippines by
- closely coordinating the design and implementation of ADB projects
- monitoring and analyzing economic and social situations
- preparing strategies for poverty alleviation
- pursuing policy dialogues with the Government and other stakeholders.
Our functions
PhCO is responsible for
- interacting and coordinating with ADB's development partners and stakeholders regarding ADB's operations and activities in the Philippines
- conducting policy dialogues with the Government and other stakeholders to operationalize ADB's strategies, reform agenda, and programs for the Philippines
- preparing country reports on the Philippines' economic and development issues and ADB's country operations
- coordinating and strengthening partnerships with other external funding agencies to rationalize ADB's development strategy and programs for the Philippines vis-a-vis other agencies' initiatives
- disseminating information on ADB's activities in the Philippines to stakeholders and the general public
- coordinating with Government to closely monitor the ongoing projects portfolio and resolve problems related to project implementation
PhCO will be closed on these dates:
- New Year's Day: January 2 (Monday), in lieu of January 1
- Holy Thursday: April 6 (Thursday)
- Good Friday: April 7 (Friday)
- Labor Day: May 1 (Monday)
- Independence Day: June 12 (Monday)
- All Saints' Day: November 1 (Wednesday)
- Bonifacio Day: November 30 (Thursday)
- Christmas Day: December 25 (Monday)
- New Year's Eve: December 28 (Thursday), in lieu of December 31
- Rizal Day: December 29 (Friday), in lieu of December 30
Last updated: 3 January 2023