Friday, May 1, 2026
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Tag: World Bank

Agriculture chief merges oversight of World Bank projects to cut red tape

Department of Agriculture Secretary Francisco Tiu Laurel Jr. has established a single project management office to oversee two World Bank-funded programs to cut through...

Philippines seeks streamlined World Bank support amid Middle East tensions

The Philippine government reaffirmed its commitment to World Bank goals of poverty reduction and climate action while warning that Middle East tensions threaten to...

PH reaffirms World Bank pact to protect jobs

The Philippine government reaffirmed its strong commitment to the World Bank in protecting jobs, reducing poverty, advancing climate action, and addressing inequality, especially as...

PH seeks more support from World Bank

The Philippine government asked the World Bank to provide more timely support and streamlined crisis financing to protect the domestic economy from global geopolitical...

DA, World Bank break ground on P365.9-million Surigao road project

Department of Agriculture Secretary Francisco Tiu Laurel Jr. led the groundbreaking of a P365.9-million farm-to-market road project in northeastern Mindanao to slash transport costs...

Insulating PH from Mideast oil supply disruption is next to impossible

China, Russia and a few Southeast Asian neighbors produce oil but when push comes to shove, they will curtail their export sales … The Philippines...

World Bank, IMF, IEA coordinate response to Middle East war shocks

International energy and finance leaders met Monday to synchronize their response to the Middle East war, warning that high fuel and fertilizer prices threaten...

World Bank slashes Philippine growth forecast to 3.7% as oil shock hits

The World Bank lowered its 2026 GDP growth forecast for the Philippines to 3.7 percent, citing oil price shocks and regional economic headwinds.

IEA, IMF, World Bank launch task force to tackle Middle East war fallout

The heads of the International Energy Agency, International Monetary Fund and World Bank Group agreed to form a coordination group to maximize their response...

World Bank commits $1b funding for Philippine agricultural reforms

The World Bank has committed $1 billion in funding for the Philippines Sustainable Agricultural Transformation (PSAT) Project, aimed at supporting sector-wide reforms in the...

Smarter water use to feed billions, create 245 million jobs, World Bank says

Rebalancing water use across the global food system is the key to meeting future food demand sustainably and could generate 245 million long-term jobs,...

World Bank: PH hits upper-middle income threshold

The Philippines’ gross national income (GNI) per capita has reached the threshold of upper-middle income countries, the World Bank said Friday. It made the statement...

MMDA, World Bank, LGUs work on reducing plastic waste

The Metropolitan Manila Development Authority is working with the World Bank Group and local government units for the implementation of the Clean Philippines project,...

Government fast-tracks $4.13 million in World Bank grants

Finance Secretary Frederick Go wants faster government clearances for $4.13 million in World Bank grants aimed at funding initiatives for agriculture, small business competitiveness...
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