Pernia: ADB a responsive devt partner - News Summed Up

Pernia: ADB a responsive devt partner


THE Asian Development Bank (ADB) has been a responsive development partner of the Philippines but there are still some areas that require greater focus, Socioeconomic Planning Secretary Ernesto Pernia said as the Manila-based lender held its annual board of governors meeting in Manila. “Overall, the ADB has been responsive to the development needs of its DMCs (development of its member countries). The focus involves sustainable and climate-resilient infrastructure, good governance and finance, social protection and education, regional economic integration; and infrastructure improvement via the “Build Build Build” program. More importantly, the ADB has responded to the country’s infrastructure drive, he added. Nakao noted that the ADB had already supported the previous administration’s extension of the school year or the K-12 program, and the CCT program.


Source: Manila Times May 03, 2018 16:30 UTC



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