Disbursement of the Post-Disaster Standby Loan Phase 3 (PDSL3) in Response to Typhoon Damages in 2025
2026/3/11
On 20 January 2026, The Japan International Cooperation Agency (JICA), released the first tranche of the Post-Disaster Standby Loan Phase 3 (PDSL3) amounting to 10-billion Japanese Yen (approximately 3.7 billion pesos) to support the Philippine government’s response, recovery, and rehabilitation efforts following the widespread damage caused by Typhoon Tino.
PDSL Phase 3 is a 30-billion JPY funding facility that provides the Philippine government a contingency fund to address post-disaster financial needs. The Exchange of Notes (E/N) and Loan Agreement (L/A) were signed in August 2023.
PDSL is an important facility through which Japan supports the Philippines in the event of large-scale disasters. By establishing a standby loan agreement in advance, it enables the swift disbursement of yen loan to the Philippine government upon request, allowing the government to quickly mobilize funds for urgent post-disaster needs and manage financial pressures during periods of crisis.
The first phase of PDSL was activated in 2013 following Typhoon Yolanda, providing urgent budgetary support during one of the most destructive disasters in the country’s history. The second phase of PDSL was disbursed in 2020 to help the government address the unprecedented fiscal challenges brought about by the COVID-19 pandemic and other natural disasters.
References:
Japan Signs Exchange of Notes for Disaster Contingency Fund and Satellite Data Communication System (2023年8月8日)
https://www.ph.emb-japan.go.jp/itpr_en/11_000001_01218.html
JICA Releases JPY 10-B Standby Disaster Financing to Support the Philippines' Post-Typhoon Recovery (2026.01.20)
https://www.jica.go.jp/english/overseas/philippine/information/press/2025/post-disaster-standby-loan.html
Other recent articles on disaster response:
1) Japan provides support to the Philippines in response to the earthquake in Cebu (Emergency Observation by JAXA’s ALOS-2 Satellite)
https://www.ph.emb-japan.go.jp/itpr_ja/11_000001_020411.html
2) Japan turns over emergency assistance for the Cebu Province affected by the 6.9-magnitude earthquake
https://www.ph.emb-japan.go.jp/itpr_en/11_000001_02053.html
3) Japan and the Philippines Strengthen Cooperation through DOSHIN BAYANIHAN Bilateral Training following RAA Implementation
https://www.ph.emb-japan.go.jp/itpr_en/11_000001_020481.html
PDSL Phase 3 is a 30-billion JPY funding facility that provides the Philippine government a contingency fund to address post-disaster financial needs. The Exchange of Notes (E/N) and Loan Agreement (L/A) were signed in August 2023.
PDSL is an important facility through which Japan supports the Philippines in the event of large-scale disasters. By establishing a standby loan agreement in advance, it enables the swift disbursement of yen loan to the Philippine government upon request, allowing the government to quickly mobilize funds for urgent post-disaster needs and manage financial pressures during periods of crisis.
The first phase of PDSL was activated in 2013 following Typhoon Yolanda, providing urgent budgetary support during one of the most destructive disasters in the country’s history. The second phase of PDSL was disbursed in 2020 to help the government address the unprecedented fiscal challenges brought about by the COVID-19 pandemic and other natural disasters.
References:
Japan Signs Exchange of Notes for Disaster Contingency Fund and Satellite Data Communication System (2023年8月8日)
https://www.ph.emb-japan.go.jp/itpr_en/11_000001_01218.html
JICA Releases JPY 10-B Standby Disaster Financing to Support the Philippines' Post-Typhoon Recovery (2026.01.20)
https://www.jica.go.jp/english/overseas/philippine/information/press/2025/post-disaster-standby-loan.html
Other recent articles on disaster response:
1) Japan provides support to the Philippines in response to the earthquake in Cebu (Emergency Observation by JAXA’s ALOS-2 Satellite)
https://www.ph.emb-japan.go.jp/itpr_ja/11_000001_020411.html
2) Japan turns over emergency assistance for the Cebu Province affected by the 6.9-magnitude earthquake
https://www.ph.emb-japan.go.jp/itpr_en/11_000001_02053.html
3) Japan and the Philippines Strengthen Cooperation through DOSHIN BAYANIHAN Bilateral Training following RAA Implementation
https://www.ph.emb-japan.go.jp/itpr_en/11_000001_020481.html