ADB offers $1.75B loan to help PH deal with Middle East crisis

Asian Development Bank President Masato Kanda pays a courtesy call on President Ferdinand Marcos Jr. in Malacañang on Friday, May 15, 2026. Photos courtesy of the Presidential Communications Office     MANILA, Philippines — Asian Development Bank President Masato Kanda offered the government a $1.75 billion, or around P100 billion, loan to support efforts in managing the impact of the Middle East crisis during a courtesy call with President Ferdinand Marcos Jr. on Friday. During their meeting at Malacañang, Kanda also offered trade financing, if needed, on top of the billions of pesos in policy-based and countercyclical lending. READ: PH […]... Keep on reading: ADB offers $1.75B loan to help PH deal with Middle East crisis

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