The DOF has raised a total of USD7.63 billion in budgetary support financing from the ADB, World Bank, AIIB, AFD, JICA, and USD-denominated global bonds, of which USD5.11 billion has been disbursed to the government. In addition, a total of USD126.36 million in grant and loan financing have been provided in support of various projects to be implemented by agencies involved in COVID-19 response.
in USD million
|Budgetary Support Financing|
|ADB COVID-19 Active Response and Expenditure Support Program|
|ADB Social Protection Support Project - Second Additional Financing|
|WB Third Disaster Risk Management Development Policy Loan|
|ROP Bonds Due 2045 with 2.950% coupon||1,350.00|
|ROP Bonds Due 2030 with 2.457% coupon||1,000.00|
|WB Emergency COVID-19 Response Development Policy Loan|
|ADB Support to Capital Market Generated Infrastructure Financing, Subprogram 1|
|AIIB CARES Program||750.00|
|AFD Expanding Private Participation in Infrastructure Program, Subprogram 2[a]||165.42|
|AFD Inclusive Finance Development Program, Subprogram 1[b]||110.28|
|ADB Expanded Social Assistance Program||500.00|
|JICA COVID-19 Crisis Response Emergency Support Loan[c]||458.95|
|WB Social Welfare Development and Reform Project II - Additional Financing[d]|
|Subtotal, Budgetary Support Financing||7,634.65|
|ADB COVID-19 Emergency Response Project||3.00|
|ADB Rapid Emergency Supplies Provision[e]||5.00|
|Government of Japan Non-Project Grant Aid for the Provision of Medical Equipment to DOH[f]||18.36|
|Subtotal, Grant Assistance||26.36|
|Project Loan Financing|
|WB COVID-19 Emergency Response Project|
|Subtotal, Project Loan Financing||100.00|
[a]Amount in original currency: EUR150.00 million
[b]Amount in original currency: EUR100.00 million
[c]Amount in original currency: JPY50.00 billion
[d]Total loan amount is USD300.00 million, of which USD200.00 million is availed for budgetary support purposes in light of COVID-19 response
[e]Executed through the issuance of a no-objection letter dated March 27, 2020
[f]Provided through Exchange of Notes dated June 8, 2020; Amount in original currency: JPY2.00 billion; Agent Agreement which will provide basis for procurement is yet to be signed
The project covers the installation of electric motor-driven pumps, the construction of pumping station and appurtenant structures, and the construction of irrigation canals, facilities, and other appurtenant structures. The project will irrigate around 8,700 hectares, benefitting about 4,350 farmers, thereby serving 21 barangays from Tuao and Piat in Cagayan, and Pinukpuk in Kalinga.
The New Centennial Water Source-Kaliwa Dam Project (NCWS-KDP) is an integrated system that includes the 600 million liters per day (MLD) Kaliwa Dam, its intake and other appurtenant facilities, and a 2,400 MLD capacity raw water conveyance tunnel.
Component of the Pasig-Marikina River Channel Improvement Project (Phase III), which entails the construction and improvement of the 5.4 km stretched of Lower Marikina River Channel from Napindan Channel to Manggahan Floodway and 9.9 km remaining sections between Delpan Bridge and Napindan Channel.
Construction of a bridge with will have a total length of 3.77 km, consisting of 0.32 km 2-lane main bridge (extra dosed), Pre-stressed Concrete (PSC) Beam approach bridge, with length of 2.04 km and 1.4 km 2-lanes for approach road. The project will be located across Panguil Bay between Tangub City, Misamis Occidental and Tubod, Lanao del Norte.
The project aims to add to the current Cebu International Port twenty-foot equivalent unit (TEU) container yard capacity of 7,373 TEUs to 14,400 TEUs. The new international port shall be built on a 25 ha. reclaimed land (Barangay Tayud, Municipality of Consolacion, Cebu), with 500 m berth length to accommodate two 2,000 TEU vessels; 4 quay cranes and superstructures (operation building, gate complex, weigh bridge, maintenance factory; and 1,450 m inland access road and 300 m offshore bridge.
The Manila BRT Project aims to improve the efficiency, effectiveness and safety of the public transport system along the España Boulevard-Quezon Avenue corridor in an environmentally sustainable manner.
The Project Management Consultancy will undertake the following in view of the construction phase of the PNR South Long Haul Project: (i) Preparation of the designs and terms of reference for the civil works, rolling stock, and electromechanical system; (ii)Preparation of bidding documents and tender assistance; (iii) Construction supervision; and (iv) defects liability period supervision.