As-delivered Press Statement of NEDA Secretary Arsenio M. Balisacan on the 3rd Meeting of the NEDA Board

AS-DELIVERED PRESS STATEMENT ON THE 3RD MEETING OF THE NEDA BOARD  Arsenio M. Balisacan NEDA Secretary 3 February 2023 Let me greet everyone, especially our Spokesperson Daphne Paez,  Members of the Malacañang Press Corps, Ladies and gentlemen, good morning.   Apart from the UP-PGH Project that Spokesperson Daphne has mentioned, I would like to share with continue reading : As-delivered Press Statement of NEDA Secretary Arsenio M. Balisacan on the 3rd Meeting of the NEDA Board

PH ODA REACHES USD 30.7 BILLION IN 2020

September 27, 2021 The Philippines’ active official development assistance (ODA) portfolio reached USD 30.7 billion in 2020, a 46.6 percent increase from the previous USD 20.9 billion in 2019, said the National Economic and Development Authority (NEDA). Based on NEDA’s recently released ODA Portfolio Review Report for CY 2020, the active ODA portfolio consisted of 30 program loans, continue reading : PH ODA REACHES USD 30.7 BILLION IN 2020

(CORRECTION) Re: August 31 NEDA Media Release: PH ODA REACHES USD21.62 BILLION IN 2019; ADD’L FUNDING FOR COVID-19 AT USD10.94 BILLION IN 2020

CORRECTION: The NEDA media release last August 31, 2020 incorrectly said that “…ODA loans and grants amounting to USD 10.94 billion have been added to the country’s total ODA portfolio…” The USD 10.94 billion actually refers to the amount indicated in the 3rd pillar of the Four-Pillar Socioeconomic Strategy Against Covid-19 (projected ODA of USD continue reading : (CORRECTION) Re: August 31 NEDA Media Release: PH ODA REACHES USD21.62 BILLION IN 2019; ADD’L FUNDING FOR COVID-19 AT USD10.94 BILLION IN 2020

Official Development Assistance Portfolio Review 2019

The total ODA portfolio as of December 2019 amounted to USD21.62 billion, consisting of 84 loans worth USD19.98 billion (92% of the total portfolio), and 268 grants worth USD1.64 billion (8% of the total portfolio).

Japan provided the bulk of ODA assistance to the country accounting for 39 percent share (USD 8.51 billion for 41 loans/grants) of the active ODA portfolio, followed by the Asian Development Bank (ADB) with 26 percent (USD5.70 billion for 44 loans/grants) and the World Bank (WB) with 20 percent (USD4.31 billion for 25 loans/grants).

JAPAN REMAINS TOP ODA SOURCE AS OF END-SEPT 2018

December 28, 2018 Japan remained the top provider of Official Development Assistance (ODA) to the Philippines as of September, the National Economic and Development Authority (NEDA) reported Friday. Its loans and grants stood at USD 5.98 billion, accounting for 41.20 percent of the country’s total active ODA portfolio. It was followed by the World Bank continue reading : JAPAN REMAINS TOP ODA SOURCE AS OF END-SEPT 2018