Wednesday, May 13, 2026
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Tag: World Bank

WB reduces PH growth forecast to 5.6%

The World Bank on Monday reduced its 2023 growth forecast for the Philippines to 5.6 percent from the 6-percent estimate it made in June...

World Bank cuts 2023 growth forecast for the Philippines to 5.6%

The World Bank on Monday slashed its 2023 growth forecast for the Philippines to 5.6 percent from the 6-percent estimate it made in June,...

‘PH to stay fastest growing economy in Asia this year’

Finance Secretary Benjamin Diokno said over the weekend the Philippines will remain one of the most resilient economies in the region despite the global...

World Bank approves $600-million loan to finance Philippines’ digital transformation

World Bank approves $600-million loan to finance Philippines' digital transformation The World Bank said Saturday its board of executive directors approved $600 million in financing...

ADB, WB propose $2.67-b fund to retire, convert coal power plants

Three multilateral banks proposed a financing program to the government worth $2.67 billion to voluntarily expedite the retirement and repurposing of coal-fired power plants,...

World Bank halts new loans to Uganda over anti-gay law

Washington, United States - The World Bank is pausing approval for new public finance projects in Uganda over the country's adoption earlier this year of...

WB report on PH education ‘alarming,’ says Gatchalian

Senator Sherwin Gatchalian said the World Bank report citing that 9 out 10 Filipino children aged 10 cannot read or understand a story is...

Gov’t inks $600-m World Bank loan to modernize agri, fisheries sectors

The government and the World Bank signed the agreement for a $600-million (roughly P33.3 billion) loan for a project to modernize the agriculture and...

Philippines, World Bank sign $600-million loan agreement to modernize agriculture

The Philippine government and the World Bank signed a $600-million (roughly P33.3 billion) loan agreement to help modernize the agriculture and fisheries sector. It will...

World Bank, CFSI grant $4m to help former rebels

World Bank and Community Family Services International signed a $4-million (roughly P220 million) grant agreement to support sustainable livelihoods and participation in resilient and...

WB grants $600m loan to agri, fishery sectors

The World Bank said Friday it approved a $600-million (around P33.3 billion) loan to the Philippines to strengthen further the agriculture and fisheries sectors. The...

Senator Villar excited over WB recognition of PH’s Rice Tariffication Law

Senator Cynthia Villar exalts over the recognition given by the World Bank to the Rice Tariffication Law (RTL) or Republic Act No. 11203 as...

PH signs $1.14b loan with WB for economic recovery

The Philippine government signed a loan agreement with the World Bank (WB) to finance various initiatives aimed at accelerating economic recovery, strengthening climate resilience,...

Philippines secures $1.14-billion World Bank loan

The Department of Finance and the World Bank signed on Monday four loan agreements amounting to $1.14 billion or around P63.50 billion to finance...
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