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Manila Bulletin

Philippines secures $1 billion from World Bank to fight national energy emergency
The Philippines, still under a state of national energy emergency, has secured a record $1.02-billion World Bank Group (WBG) financing package to help lower electricity costs, accelerate renewable energy (RE) adoption, and strengthen water services nationwide. In a press release dated June 25 and...
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PH gets new $400-M loan from WB
The World Bank has approved a fresh loan to the Philippines that aims to ensure the local financial sector’s stability as well as support the nation's economic recovery. In a statement, the World Bank announced on Friday, June 25, that a $400 million development policy loan (DPL) was approved to...
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