Tag page - Philippine Rural Development Project

The World Bank Group (WBG) has imposed a 4.5-year debarment on L.S.D. Construction & Supplies, a construction firm in the Philippines, for “collusive, fraudulent, and corrupt practices” linked to the Philippine rural development project (PRDP). In a May 28 statement posted on its website, the...

Two ongoing project loans for the Philippines, aimed at improving the livelihood of farmers and fisherfolk, are bearing fruit, according to the World Bank. The Washington-based multilateral lender 's latest implementation status and results reports for two investment project financing (IPF)...

The Department of Agriculture's (DA) Philippine Rural Development Project (PRDP), the largest World Bank-funded project in the country, has been extended up to July 2025 and has received additional foreign funds of about P16 billion. In a statement, DA said the project got additional funding came...

The World Bank will provide additional financing and grant to increase rural incomes as well as enhance farm and fishery productivity in the targeted areas in the Philippines. In a statement, the Washington-based multilateral institution said on Friday, June 18, that it approved $280 million...