Tag page - World Bank

Businesses are pessimistic about their operations in the short-term as sales revenue remained depressed despite the easing community quarantine, a survey commissioned by the government and World Bank revealed. Based on the results from the Philippines COVID-19 firm survey, business owners claimed...

The World Bank expects a deeper economic downturn in the Philippines this year due to uncertain prospects as the still uncontrolled coronavirus pandemic will certainly take a heavier toll on poverty. Based on  October 2020 Economic Update for East Asia and the Pacific , Washington-based...

To fully transform the agriculture sector, the Department of Agriculture (DA) must be given a higher budget, ideally more than P100 billion, that is proportional to the sector’s contribution to the country’s total gross domestic product (GDP), a top DA official said. Farm workers thresh rice...