ADB: Global economy to lose $9 trillion without adequate pandemic response

Manila-based ADB approves another loan for PH

The Philippine government’s emergency cash subsidies to vulnerable households due to the Covid-19 pandemic will be augmented with another $200-million loan approved by the Asian Development Bank (ADB) on Monday. “This global pandemic, of a kind not seen in the last...
ADB lends $1.5B in budget support for PH Covid-19 response

ADB lends $1.5B in budget support for PH Covid-19 response

The Asian Development Bank (ADB) has approved a $1.5-billion loan to the Philippines to fund its novel coronavirus disease (Covid-19) response and  boost the country’s health care system to fight the pandemic. “This assistance is our largest budget support loan to the...
ADB: Global economy to lose $9 trillion without adequate pandemic response

PH backs adviser to Japan premier as next ADB president

The Philippines is supporting the nomination of Masatsugu Asakawa, the special Advisor to the Japanese prime minister and to the minister of finance, as the next president of the Manila-based Asian Development Bank.In a statement, the Department of Finance said...