Total of eight Philippine projects received approvals and grants of $555 mn loan from the Asian Development bank.
the Senior High School Support Program to improve teaching and learning at the secondary education will receive $300-million loan, it is the largest share of ADB’s assistance.
$250 million worth of technical assistance has been granted to the project to bring reforms in the Local Government Finance and Fiscal Decentralization -Subprogram 1. This will help fiscal management and improve the efficiency and transparency in LGUs – local government units. e
Other projects are 1) A major public-private partnership (PPP) projects the Mactan-Cebu International Airport Passenger Terminal Project.
The P17.22 billion worth project was awarded to GMR Megawide Cebu Airport Corp. in 2013.
$2-million-worth grant was awarded to the project to strengthen Evaluation and Fiscal Cost Management of PPPs.