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Source: ADBThe Support to Capital Market-Generated Infrastructure Financing Program, Subprogram 2, is helping build an efficient domestic debt market and increase institutional participation in the market, especially from insurance and pension funds. More supply of long-term finance will help address the country’s infrastructure financing gap, estimated at roughly Php2 trillion ($40 billion) a year up to 2030. "As the Philippines steers its economy towards sustainable and resilient growth after the devastating COVID-19 pandemic, it will require various sources of long-term financing to...

ADB approved a $400 million policy-based loan to help the Philippine government further deepen the country’s domestic development.

The Asian Development Bank has approved a $400-million policy-based loan to support the Philippine government’s efforts to further develop domestic capital markets and increase the supply of long-term finance, especially for infrastructure development.

The Asian Development Bank (ADB) has approved $400-million fresh loan for the Philippines to help deepen the country’s domestic capital markets and increase the supply of long-term finance, especially for infrastructure projects. In a statement on Monday, May 30, ADB said it approved a $400 mill

THE Asian Development Bank (ADB) announced the approval of a $400-million policy-based loan to help the Philippine government deepen domestic capital markets and increase the supply of long-term financing in the country, especially for infrastructure development. In a statement on Monday, the multilateral lender said the newly-approved loan will help…