CY 2007 ODA PORTFOLIO REVIEW

This year’s review covered all active ODA loan-funded programs and projects (ongoing, signed and became effective) from 01 January 2007 to 31 December 2007, inclusive of programs/projects completed within the year. The review involved consultations and discussions with 37 agencies [23 National Government (NG) agencies, 10 Government Owned and/or Controlled Corporations (GOCCs), 3 Government Financial Institutions (GFIs) and 1 local government unit (LGU)] involved in implementing the programs/projects. ODA grants identified and implemented by the agencies were also included. As a new initiative, WB, ADB and GOJ/JBIC participated in the agency-level meetings with the aim of harmonizing and aligning processes between Development Partners (DPs) and GOP agencies to further enhance aid effectiveness and reduce transaction costs.