Social Development: Your Questions Answered adb.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adb.org Daily Mail and Mail on Sunday newspapers.
Wendy Walker, Chief of ADB’s Social Development Thematic Group, discusses social development and poverty challenges in developing Asia and how ADB is helping through financing and knowledge sharing.
By JON VIKTOR D. CABUENAS, GMA News
Published December 16, 2020 6:42pm The sovereign lending program of the Asian Development Bank (ADB) to the Philippines is expected to reach some $9.4 billion in the next three years, not including the up to $500 million the country is set to ink to procure vaccines for the coronavirus disease 2019 (COVID-19). At a virtual briefing on Wednesday, ADB country director for the Philippines Kelly Bird said at least two-thirds of the indicative program will be going into infrastructure, health, and employment recovery to help revitalize the economy. Our Country Operations Business Plan is taking an integrated approach to business and employment recovery over the next three years through a combination of programs and projects supporting structural reforms to the business sector, facilitating youth employment, and upgrading skills development in the workplace, he said.