The Department of Finance (DOF) has identified three sources of funds for the procurement of the coronavirus vaccines that will be given to priority sectors. In a report to President Duterte, Finance Secretary Carlos G. Dominguez III said the government would source the P73.2 billion COVID-19...
The Asian Development Bank (ADB) said it will extend technical assistance to developing countries, like the Philippines, to help them secure access to a coronavirus vaccine as well as in their distribution. In a statement, the Manila-based multilateral institution said it earmarked $20.3 million...
The Asian Development Bank (ADB) urged Southeast Asian countries to expand investments in digital infrastructure and ensure equitable access to technology as economies recover from the coronavirus disease (COVID-19) pandemic. Masatsugu Asakawa, ADB president (Photo credit: https://www.adb.org)...
The Asian Development Bank (ADB) urged the Southeast Asia’s policy makers to use green and innovative financing approaches to help catalyze the investments required for climate-adjusted infrastructure in the region. In a new ADB book, the Manila-based multilateral institution, said that the...
Asian Development Bank (ADB) yesterday assured developing economies in the Asia and the Pacific of its support in achieving their recovery goals from the COVID-19 pandemic. Masatsugu Asakawa, ADB president (Photo credit: https://www.adb.org) Masatsugu Asakawa, ADB president said the...
The Asian Development Bank (ADB) said it is establishing a regional hub to promote knowledge sharing and strengthen cooperation on tax policy and tax administration among the Asia and the Pacific economies and their development partners. Masatsugu Asakawa, ADB...
Coronavirus-ravaged economies across the Asia Pacific will make a ''swoosh-shaped'' recovery next year, the Asian Development Bank forecast Tuesday, but it warned that further restrictions to combat the contagion could derail the region's return to growth. Developing Asia -- stretching from the...
The Asian Development Bank (ADB) expects a deeper contraction in the Philippine economy this year as consumption and investments are seen to remain subdued for the remaining months of the year amid global uncertainly. Based on the updated Asian Development Outlook 2020, the Manila-based...
