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...
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...
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...
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...
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...