The World Bank has appointed a new country director for the Philippines, Malaysia, and Brunei Darussalam, effective July 1. Zafer Mustafaoglu, a Turkish national, will oversee the World Bank's program in these countries to advance its policy dialogues with government officials, civil society,...
WASHINGTON, United States (AFP) -- The World Bank and International Monetary Fund's spring meetings get underway later this week with an ambitious reform and fundraising agenda likely to be overshadowed by concerns over high inflation, rising geopolitical tension and financial stability....
The World Bank is eager on supporting the government’s bid to digitalize services and modernize the bureaucracy, the Department of Finance (DOF) said. In a statement Thursday, Aug. 11, Finance Secretary Benjamin E. Diokno said the Washington-based multilateral institution was willing to extend...
The Philippines has secured a fresh loan from the World Bank to fund the purchase of additional doses of coronavirus disease 2019 (COVID-19) vaccines needed for booster shots. The Washington-based multilateral institution announced on Wednesday, Dec. 22, the approval of the government’s...
The Philippines has secured fresh contingent funds from the World Bank to strengthen the country's institutional and financial capacity in managing risks from disasters and disease outbreaks. In a statement, the Washington-based multilateral institution said on Thursday, Nov. 18, that it earmarked...
Not even half of the coronavirus vaccine doses funded by the World Bank have arrived in the Philippines, the Washington-based multilateral institution reported on Tuesday, Oct. 19. In a statement, Ndiame Diop, World Bank country director for the Philippines said only 4.73 million doses of vaccines...
