ADB to help finance PH agri reforms

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The Asian Development Bank (ADB) has approved a loan that aims to help the government expand economic opportunities in agriculture.

The Asian Development Bank has approved a loan that aims to help the government expand economic opportunities in agriculture.

It also seeks to enhance public services and finance for the sector, and social protection for rural families affected by the program’s reforms, ADB said. The second subprogram continues support for policy measures introduced in the first subprogram approved in 2020. Those policy measures are aligned with the recently launched Philippine Development Plan, 2023–2028.

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