ADB Archives

VERA FILES FACT CHECK: NO ‘$30 billion’ ADB grant unveiled by Marcos

By VERA Files | May 30, 2023 2:39 PM

A YouTube channel is erroneously claiming that President Ferdinand Marcos recently revealed that the Asian Development Bank (ADB) will give the Philippines $30 billion to support its development programs. It made a miscalculation. On May 23, the channel published a video carrying this false headline: “PBBM ISINIWALAT 30BILLION $ ANG FUTURE PLAN NG PILIPINAS PARTNERSHIP […]

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VERA FILES FACT CHECK: Former president Marcos Sr. was NOT ADB’s founder

By VERA Files | May 26, 2023 8:13 AM

A YouTube video falsely claimed that the late president Ferdinand Marcos Sr. established the Asian Development Bank (ADB). Marcos Sr. was not ADB’s founder, though he inaugurated the regional bank’s headquarters in the country during his first term as president in 1966. The ADB was established through the efforts of the United Nations (UN)’ Economic […]

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VERA FILES FACT CHECK: PTV, PNA mislead audience on ADB report

By VERA FILES | Dec 09, 2017 10:13 AM

Neither the PTV nor the PNA report accurately reflects the evaluation of the ADB report.

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