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The ADB deemed all water, air, and land transportation in the Philippines outdated; most of the day, roads become impassable and congested due to the lack of other effective transportation infrastructures/methods. [8] The ADB is also reviving and building railways to connect provinces and provide access to and from the cities. [9]
The Asian Development Bank (ADB) is a regional development bank established on 19 December 1966, [3] which is headquartered in 6 ADB Avenue, Mandaluyong, Metro Manila 1550, Philippines. [4] The bank also maintains 31 field offices around the world [ 5 ] to promote social and economic development in Asia.
Takehiko Nakao (中尾 武彦, Nakao Takehiko, born March, 1956) is a Japanese former civil servant who served as the ninth president of the Asian Development Bank between 2013 and early 2020. [1] He is Adviser, Sumitomo Corporation and Chairman, Center for International Economy and Strategy.
Paderanga previously served as NEDA Director-General from 1990 to 1992, under former President Corazon C. Aquino's presidency and was a member of the Monetary Board of the Central Bank of the Philippines from 1993 to 1999. [3] He was also Executive Director for the Philippines in the Asian Development Bank (ADB) from 2001 to 2003. [4]
Cornelio Agor Balmaceda (September 15, 1896 – April 17, 1982) was a former Secretary of Commerce and Industry in the Philippines.He was also one of the original board of trustees and then later became president of the Philippine Rural Reconstruction Movement.
Masatsugu Asakawa (浅川 雅嗣, Asakawa Masatsugu, born 25 January 1958), a Japanese civil servant, is the president of the Asian Development Bank (ADB). Asakawa, who took office on 17 January 2020, is the 10th president of ADB. [1]
The Philippines enjoyed a record low debt-to-GDP ratio of 39.6% in 2019 with Dominguez as head of the country’s economic team. Through bold tax reforms and better tax administration, he was also able to raise the Philippines’ revenue effort to 16.1% of GDP in 2019, the country’s best performance in more than two decades.
Groff was appointed as Vice President of the Asian Development Bank (ADB) in September 2011. [23] Previously, he served as Deputy Director for Development Cooperation at the Paris-based Organisation for Economic Co-operation and Development and as Deputy Vice-President for Operations at the Washington-based Millennium Challenge Corporation. [24]