ADB could approve $500&million loan for PHL soon

THE Asian Development Bank (ADB) expects to approve this year a $500-million loan to help the Philippines adopt public financial management (PFM) reforms. “We have completed several policy-based reform programs which focused on enhancing PFM. And in fact, two important new policy-based programs will be approved and committed later before the end of this year,” […]

ADB could approve $500&million loan for PHL soon
THE Asian Development Bank (ADB) expects to approve this year a $500-million loan to help the Philippines adopt public financial management (PFM) reforms. “We have completed several policy-based reform programs which focused on enhancing PFM. And in fact, two important new policy-based programs will be approved and committed later before the end of this year,” […]