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Development Policy Support Program - Subprogram 3 :  Philippines :Go to Project Summary

Development Policy Support Program - Subprogram 3 :  Philippines

Timetable  |  Status of Covenants

Loan Name Development Policy Support Program - Subprogram 3
Country Philippines
Loan Number 2545
Project Number 40538- 03
Fund Source/Amount[Approved]
Ordinary Capital Resources US$250.00  million
Thematic Classification Economic growth
Governance
Private Sector Development
Impact The impact of Subprogram 3 will be to restore the Philippines to a longer-term, sustainable, and higher growth path and to lower unemployment.
Safeguard Categories Safeguard Categories explained (Launches new browser window)
  Environment C
  Resettlement C
  Indigenous People C
Procurement
  Consulting Services -
  Civil Works/Goods The loan proceeds will be used to finance the full foreign exchange costs (excluding local duties and taxes) of tiems produced and procured in ADB member countries, including ineligible items and imports financed by other bilateral and multilateral sources.
Responsible ADB Officer Kelly Bird
Responsible ADB Department Southeast Asia Department
Responsible ADB Division Financial Sector, Public Management and Trade Division, SERD
Executing Agencies Department of Finance
Timetable
Fact-finding 09 Mar 2009 to 24 Mar 2009
Appraisal 15 Jun 2009 to 17 Jun 2009
Board Approval 15 Sep 2009
CLOSING
Loan No. Approval Signing Effectivity Original Revised Actual
2545-PHI 15 Sep 09 16 Sep 09 06 Oct 09 31 Dec 09 - -

Financing Plan Top Loan Utilization
  TOTAL ( Amount in US$ million)
Date ADB OTHERS Net Percentage
Cumulative Contract Awards
31 Oct 09 250.000 100%
Cumulative Disbursements
31 Oct 09 250.000 100%
Top Status of Covenants
Category Sector Environmental Social Financial Economic Others Overall
Rating Satisfactory Satisfactory
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