ADB commits P236-B loans to PH

The Manila-based Asian Development Bank (ADB) is lining up around $4 billion, or roughly P236 billion, in low-interest official development assistance (ODA) lending for its host country, the Philippines, in 2026, bolstering a strong pipeline of priority national projects.

- By RICARDO M. AUSTRIA

“We have a robust set of projects... for next year and going on into the future,” ADB country director for the Philippines Andrew Jeffries told reporters on the sidelines of the multilateral lender's International Anticorruption Day 2025 celebration last week.

“We have a pipeline of projects for next year that we need to agree on with the Department of Finance (DOF) and the Department of Economy, Planning, and Development (DEP-Dev),” he added.

Among next year's pipeline, Jeffries said, are projects involving “transport, health, education, and public financial management (PFM)—a number of our normal sectors are engaged.”