According to the Bank’s website, the Project Objective is to assist the Government of Philippines (GoP) to foster an enabling environment for digital technologies to boost inclusive and resilient economic growth.
The Project proposes to provide the GoP a development policy financing (DPF) under the COVID-19 Crisis Recovery Facility of the Bank (CRF) and will be co-financed with the World Bank.
The DPF builds on the nation's long-term vision articulated in "AmBisyon Natin 2040", and the recently launched Philippine Development Plan 2023-2028 to achieve inclusive growth. It is structured along the following three thematic pillars:
- Pillar A: Improve digital government service delivery, and pro-competition infrastructure policies.
- Pillar B: Expand Financial Inclusion for Individuals and Firms through Digital Finance.
- Pillar C: Boost business growth in digital services.
PROJECT TEAM LEADER
Republic of the Philippines
Mark Dennis Y.C. Joven
Undersecretary Department of Finance
ACCESS TO INFORMATION
You can submit an information request for project information at: https://www.aiib.org/en/contact/information-request/index.html
ACCOUNTABILITY MECHANISM OF AIIB
The AIIB has established the Accountability Mechanism for Project-Affected People (PPM). The PPM provides Òan opportunity for an independent and impartial review of submissions from Project-affected people who believe they have been or are likely to be adversely affected by AIIBÕs failure to implement the ESP in situations when their concerns cannot be addressed satisfactorily through Project level GRMs or AIIB Management processes.Ó Two or more project-affected people can file a complaint. Under the current AIIB policy, when the bank co-finances a project with another development bank, it may apply the other bank's standards. You can refer to the Project Summary Information document to find out which standards apply. You can learn more about the PPM and how to file a complaint at: https://www.aiib.org/en/about-aiib/who-we-are/project-affected-peoples-mechanism/how-we-assist-you/index.html
The complaint submission form can be accessed in Arabic, Bahasa Indonesia, Bengali, Chinese, English, Tagalog, Hindi, Nepali, Russian, Turkish, or Urdu. The submission form can be found at: https://www.aiib.org/en/about-aiib/who-we-are/project-affected-peoples-mechanism/submission/index.html