Monday, May 4, 2026
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Tag: World Bank

World Bank grants $500-m loan to help PH respond to climate change, diseases

The World Bank said Thursday it approved a new contingent line of credit to the Philippines amounting to $500 million to help strengthen institutional...

WB-funded vaccines

A vaccine receiver gives a thumbs up while receiving a jab of a World Bank-funded COVID-19 dose at a mall theater in Cavite province....

World Bank mishandled sexual misconduct charges: report

The World Bank mishandled sexual harassment complaints brought by multiple women against a senior official, according to the bank's labor tribunal. The case involved disturbing...

World Bank reduces 2021 PH growth forecast to 4.3%

The World Bank on Tuesday reduced the 2021 growth forecast for the Philippines to 4.3 percent from 5.5 percent, as the recovery of East...

Iceland falls short of Europe’s first women-majority Althing parliament

Reykjavik"•Iceland believed briefly Sunday it had become the first country in Europe to have a women-majority parliament after its election a day earlier, but...

Iraq launches project to reduce flaring at oilfields

Iraq has launched a new project that aims to recover gas normally set alight during oil extraction at two oilfields in the country's south. Flaring,...

World Bank to stop Doing Business report

The Ease of Doing Business and Anti-Red Tape Advisory Council will meet Monday to discuss steps to take following the announcement of the World...

World Bank report on PH education: After the apology, now what?

"The Department of Education no right to feel insulted, much less to demand an apology from the World Bank."   During the entire 76-year relationship between...

Stratpoint brings PH enterprises to next level

In the past year, the Philippines saw various enterprises and industries struggle with new challenges. Some businesses managed to alleviate the situation by providing...

Multilateral lenders cautiously optimistic on PH growth outlook

Multilateral lenders expect the Philippines to post growth this year, but at a slower rate than previously anticipated following the recent surge in COVID-19...

At least 20 killed in Lebanon fuel tank explosion

At least 20 people were killed and nearly 80 others injured when a fuel tank exploded in Lebanon's northern region of Akkar, the Red...

Health, trade chiefs urge jab makers to help poor nations

Geneva—Four of the world's most prominent health, trade, and financial organizations on Saturday implored Covid-19 vaccine manufacturers to prioritize doses for poorer countries to...

World Bank to finance extra COVID jabs for poorer nations

A new World Bank financing mechanism will allow developing countries to purchase COVID-19 vaccines collectively through the Covax facility, it was announced Monday. Covax was...

World Bank: Myanmar’s economy to fall 18% due to coup, pandemic

Bangkok—Myanmar’s economy is expected to shrink by 18 percent in 2021, the World Bank said Monday, as a result of massive unrest following a...
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