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Manila Bulletin devider Business devider Banking & Finance devider World Bank cites progress in two Philippine projects

World Bank cites progress in two Philippine projects

Published Oct 28, 2025 12:14 pm
The implementation of two loans obtained by the Philippines from the World Bank is progressing satisfactorily, according to the Washington-based multilateral lender.
In an Oct. 24 implementation status and results report, the World Bank said the Mindanao Inclusive Agriculture Development Project is “on track” to achieve its objective, which is to increase the agricultural productivity, resiliency, and access to markets and services of organized farmer and fisherfolk groups in selected ancestral domains and value chains in the southern Philippine island.
“Key activities are well underway in the 24 ancestral domains in six regions of Mindanao, including an ancestral domain in Basilan province in Bangsamoro Autonomous Region in Muslim Mindanao (BARMM),” the report read.
“The initial infrastructure and enterprise subprojects have been approved, and preparation of additional subproject concept notes and business proposals is ongoing,” it added.
Out of the $100 million borrowed from the World Bank in 2023 for this project, $26.84 million has been disbursed to date.
This investment project financing (IPF) will close in mid-2029.
As for the Philippines Community Resilience Project-Pagkilos, which the World Bank approved in July, an Oct. 27 implementation status and results report said the new IPF will take effect in mid-November, after the Department of Finance (DOF) signed the loan agreement in September.
The adoption of the project operations manual and the establishment of the national project management office (PMO) and regional PMOs with “form and substance satisfactory to the [World Bank],” are also expected next month.
“Social mobilization activities at the municipal and barangay levels are expected to begin in the first quarter of 2026,” the report said.
Implemented by the Department of Social Welfare and Development (DSWD), the Philippines Community Resilience Project-Pagkilos aims to strengthen community capacities for participatory resilience planning and to increase access to resilient investments in vulnerable areas.
The Philippine government secured a $700-million loan for this project, which will close by end-2030.
The World Bank financing accounts for the bulk of the total project cost, amounting to $874.35 million, with the remaining $174.35 million to be funded by the government.
The Philippines will repay this loan until 2053.
According to the World Bank, enhanced community-led planning and infrastructure investments under the Pagkilos project are expected to reduce the vulnerability of about 18 million Philippine households to natural disasters in the coming years.
In particular, Pagkilos will provide technical support and training to community groups and local government units (LGUs) in 500 climate-vulnerable municipalities across 49 provinces, focusing on enhancing their ability to plan and manage projects that address climate challenges.
The project targets vulnerable populations, including indigenous peoples (IPs), women, and beneficiaries of the Pantawid Pamilyang Pilipino Program (4Ps), to ensure that resilience efforts are inclusive.
Pagkilos will use a community-driven approach to engage citizens in local planning and implementation, supporting a total of 177 municipalities with significant IP populations, according to the World Bank.
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