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Government

ADB APPROVES $400M LOAN FOR AGRI SECTOR – DAR

“On behalf of President Rodrigo Roa Duterte, Filipino farmers, and the Department of Agriculture, we profoundly appreciate the continuing support of the Asian Development Bank (ADB), particularly its recent approval of the $400-million loan to aid policy reforms of the Philippine government aimed at raising the productivity and competitiveness of the country’s agriculture sector, and […]

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Politics

$6.5-B INITIAL RESPONSE PACKAGE FOR COVID-19 PANDEMIC — ADB

The Asian Development Bank (ADB) has announced a $6.5 billion initial package to address the immediate needs of its developing member countries (DMCs) as they respond to the coronavirus disease 2019 (COVID-19) pandemic. “This pandemic has become a major global crisis. It requires forceful action at national, regional, and global levels,” said ADB President Masatsugu […]