MANILA, Philippines (Eagle News) — The economic team of President Rodrigo Duterte is receptive to the offer of the Asian Development Bank (ADB) of greater financial assistance to the Philippines to push the 10-point socio-economic agenda of the new administration.
Finance Secretary Carlos Dominguez III believes that ADB’s support will go a long way in helping pres. Duterte deliver on his electoral mandate to bring progress to all Filipinos.
Dominguez issued the statement after last Friday’s meeting with ADB, through its President Takehiko Nakao — and Planning Secretary Ernesto Pernia — wherein the bank president affirmed strong partnership for promoting sustainable economic growth, reducing poverty and improving the welfare of the Filipinos.
The ADB offered to increase assistance that will be based on the government’s socio-economic and poverty reduction priorities particularly in rural areas.
Nakao was bullish on the country’s that provides a foundation for further sustainable growth to fully realize enormous potential. He even commended the current administration’s aim of spreading the benefits of strong growth.