DOF signs $1.5B ADB deal to address Middle East crisis

Inquirer.net - Oct 20, 2026

MANILA, Philippines — The Department of Finance (DOF) has signed the $1.5-billion financing extended by the Asian Development Bank (ADB) to help fund the government’s measures to cushion the impact of the Middle East crisis. The parties signed the agreement, named the Assistance for Greater Resilience and Alleviation of Poverty (Agapay), on Oct. 6. READ: DOF

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