News

The Philippines is the least safe country to travel to, not only in Asia, but also in the whole world, according to the ...
The World Bank will focus its support for the Philippines on basic services such as health and education, and on boosting the ...
MANILA, Philippines — The World Bank gave the Philippines a “very satisfactory rating” in the implementation of the P34-billion World Bank and European Union-funded projects under the ...
Country Partnership Framework (CPF) for the Philippines to date is 'the most aligned' with President Ferdinand Marcos Jr.'s development agenda, Finance Secretary Ralph Recto said, noting that it ...
MILLIONS of Filipinos are expected to benefit from the World Bank Group’s (WBG) newly approved Country Partnership Framework (CPF), centered on health care, education, job creation, digital ...
WASHINGTON, May 22, 2025 - The World Bank Group's (WBG) Board of Executive Directors has endorsed a new Country Partnership Framework (CPF) for the Philippines for 2026-2031, prioritizing investments ...
The World Bank portion, $370 million, is a loan payable in 29-39.5 years. This adds to the country’s foreign debt of $139.64 billion. The Philippines is the fifth largest borrower from the Bank ...
"The country remains vulnerable to extreme weather events such as typhoons and heavy monsoon rains," Zafer Mustafaoglu, World Bank country director for the Philippines, Malaysia, and Brunei ...
MANILA, June 29 (Reuters) - The World Bank said on Saturday its board of executive directors has approved $1.25 billion in loans for the Philippines' education and public infrastructure sectors.
DOWNSTREAM firm Atlantic, Gulf & Pacific Company of Manila, Inc. (AG&P) has committed to providing essential services to support the expanding offshore wind sector, the Department of Energy (DoE) said ...
The Philippines has secured a funding grant from the World Bank and Food and Agriculture Organization of the United Nations (FAO) aimed at bolstering the country’s capacity to prevent, detect and ...