Building Up Implementation News Today

By TED CORDERO, GMA News Published April 28, 2021 2:06pm The Asian Development Bank’s (ADB) sovereign lending program to the Philippines is seen to reach $3.9 billion this year or roughly P188 billion to support investments in the country’s infrastructure, local economic development, and social assistance amid the COVID-19 pandemic. At a virtual briefing on Wednesday, ADB Philippines country director Kelly Bird said that the multilateral lender’s lending program this year will focus...

Govt to get $3.9-B loans from Asian Development Bank Anna Leah E. Gonzales The Asian Development Bank (ADB) said lending to the Philippines is projected to reach $3.9 billion (about P187 billion) this year. “Our program is up to $3.9 billion. That includes the APVAX (Asia Pacific Vaccine Access Facility) project of $400 million that was approved in March,” said ADB Philippines Country Director Kelly Bird during a virtual briefing on Wednesday. © Provided by The Manila Time...

The Asian Development Bank (ADB) said on Wednesday the funds it would lend to the Philippines were expected to reach $9.4 billion under its three-year business plan for the country, with at least two-thirds of these going to infrastructure, health and employment recovery. In a statement, the Manila-based multilateral lender said its Philippines’ Country Operations Business Plan 2021–2023 would support state programs and policies designed to repair damage to the business sector and labor mar...