New ADB partnership with PH to focus on economic growth, disaster resilience | ABS-CBN
Featured:
|
ADVERTISEMENT
Welcome, Kapamilya! We use cookies to improve your browsing experience. Continuing to use this site means you agree to our use of cookies. Tell me more!
New ADB partnership with PH to focus on economic growth, disaster resilience
New ADB partnership with PH to focus on economic growth, disaster resilience
Climate campaigners troop to the Asian Development Bank headquarters in Mandaluyong City on June 5, 2024 to protest the on-going Asia Clean Energy Forum (ACEF) and call on its delegates to enable Asia’s rapid transition to renewable energy systems by 2050. Maria Tan, ABC-CBN News
Climate campaigners troop to the Asian Development Bank headquarters in Mandaluyong City on June 5, 2024 to protest the on-going Asia Clean Energy Forum (ACEF) and call on its delegates to enable Asia’s rapid transition to renewable energy systems by 2050. Maria Tan, ABC-CBN NewsMANILA -- The Asian Development Bank (ADB) is focusing on economic growth and quality infrastructure, and disaster resilience in its new country partnership strategy for the Philippines.
MANILA -- The Asian Development Bank (ADB) is focusing on economic growth and quality infrastructure, and disaster resilience in its new country partnership strategy for the Philippines.
In a statement, the ADB said it will help the Philippines grow by focusing on projects that will help low-income households.
In a statement, the ADB said it will help the Philippines grow by focusing on projects that will help low-income households.
The multilateral lender also said it will invest in infrastructure projects that will promote regional economic growth, and look more into clean energy, blue economy, and nature-based investments.
The multilateral lender also said it will invest in infrastructure projects that will promote regional economic growth, and look more into clean energy, blue economy, and nature-based investments.
"This new strategy will further a flourishing collaboration to support the country in achieving a prosperous future that leaves no one behind, particularly as it faces the dual challenges of accelerating economic growth and addressing persistent poverty and income inequalities,” said ADB Country Director for the Philippines Pavit Ramachandran.
"This new strategy will further a flourishing collaboration to support the country in achieving a prosperous future that leaves no one behind, particularly as it faces the dual challenges of accelerating economic growth and addressing persistent poverty and income inequalities,” said ADB Country Director for the Philippines Pavit Ramachandran.
It has also helped the Philippines with flood-control projects, and lent the country $200 million for the development of climate-resilient infrastructure.
It has also helped the Philippines with flood-control projects, and lent the country $200 million for the development of climate-resilient infrastructure.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
