Tag page - International Bank for Reconstruction and Development (IBRD)

The World Bank has extended a $1.7-million, or over ₱98-million, grant to the Philippines to help prepare for a potential project loan that would support early childhood education in the country. In a Sept. 20 letter to Finance Secretary Ralph G. Recto, the World Bank said this financing was...

The Marcos Jr. administration will borrow $650 million, or over ₱37 billion, from the World Bank next year to sustain the conditional cash transfers for the Pantawid Pamilyang Pilipino Program (4Ps) and ensure that its youth beneficiaries land jobs. According to a Sept. 20 project information...

The Department of Agriculture (DA) is set to receive a loan financing from the Washington-based multilateral lender World Bank next year for a project aimed at supporting small agri-businesses. A June 26 document published on Thursday, July 3, showed that the DA is seeking an investment project...

The World Bank Group (WBG) will extend to the Philippines between $22 billion and $23 billion—or as much as over ₱1.2 trillion—in loan and other financing starting mid-2025 until 2031 to support both public and private initiatives aligned with the country 's climb to upper-middle-income...