ADB lending to PHL could hit $20B over next 5 years • Cai U. Ordinario
THE Manila-based multilateral development bank Asian Development Bank (ADB) could lend as much as $20 billion to the Philippines in the next five years once its new Country Partnership Strategy (CPS) is completed next year. ADB Philippine Country Director Pavit Ramachandran recently told reporters the projected annual lending of the bank to the country is