Tag page - government loan

The World Bank has cited progress in spending the $178.1-million loan that the Philippines obtained two years ago to fight prevalent stunting among Filipino children. A Sept. 23 implementation status and results report showed the Washington-based multilateral lender upgraded the overall risk rating...

The World Bank has granted a fresh P32.7-billion loan to the Philippines to boost the country’s resiliency and sustainability of its financial sector as well as strengthen economic recovery from the pandemic. In a statement on Tuesday, Jan. 31, the Washington-based lender said its approved the...