Thursday, May 21, 2026
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Tag: World Bank

PH to get fresh $600-m loan for COVID recovery

The Philippines will get a $600-million policy loan from the World Bank for the government’s COVID-19 recovery efforts. The World Bank said it has approved...

After 10 years, K-12 doesn’t look A-1

If we’re to believe the World Bank, Philippine education is in serious crisis. That’s because one in every four Grade 5 students does not have...

Aid from World Bank entities hit record $75b in 2022 on climate change, war

Washington—Two World Bank entities provided a record $75 billion in financing last year, said a letter by its president, as developing countries faced crises...

Aid from two World Bank entities hit record $75 bn in 2022

Two World Bank entities provided a record $75 billion in financing last year, said a letter by its president, as developing countries faced crises...

Rationale on the disposition of sovereign wealth fund

"Fear of corruption is more apparent and real for, often, they treat public funds as their own not to be treated with extra care...

China growth seen slowing to 2.7% in 2022 on COVID-19, property weakness

BEIJING, China –The World Bank on Tuesday slashed its China growth forecast for the year as the pandemic and weaknesses in the property sector...

World Bank slashes China growth forecasts on COVID woes, property crisis

The World Bank on Tuesday slashed its China growth forecast for the year as the pandemic and weaknesses in the property sector hit the...

Income inequality

"All this is well and good, but beyond budgetary support for social services, what the poor really need is sustained assistance from the government...

Developing economies’ debt more than doubled, says WB

WASHINGTON—The external debt of developing economies has more than doubled from a decade ago to $9 trillion in 2021, the World Bank said Tuesday,...

Remittances to low-income countries ease

Washington—Cash transfers to low- and middle-income countries eased this year, with rising prices taking a toll on migrants’ incomes, the World Bank said Wednesday. Remittances...

WB, ADB seek audit of COVID vax funds

The Commission on Audit (COA) guaranteed that the procurement of COVID-19 medicines in 2020 and 2021 will be placed under a special audit as...

WB: Climate change may block PH’s bid to become upper-middle income country

Climate change is exacting a heavy toll on Filipinos’ lives, properties and livelihoods and could hamper the country’s ambition to become an upper middle-income...

WB execs visit DAR project in Narra, Palawan

Officials of the World Bank (WB) have visited a Department of Agrarian Reform (DAR) project in Narra, Palawan to observe the validation process and...

Investing 1.4% of GDP can cut emissions, World Bank says

Washington, United States—Developing countries can slash their emissions with relatively modest investments, but they will need greater support from the international community, the World...
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