Saturday, 17 October 2026
4 days ago
INSIDER VIEW | World Bank right on the disease, wrong on the cure
According to the World Bank's Midyear 2026 Philippines Economic Update, implementing the energy plan on schedule could lower residential electricity rates in Luzon by about 28 percent by 2030, boost GDP by more than 1 percent and create 161,000 jobs.
6 days ago
PH secures P15-B World Bank loan to boost water security
The Philippines is tapping nearly P15 billion in financing from the World Bank to improve access to clean water and sanitation services in underserved communities, particularly in Bohol, Siargao and Sulu.
2 Jul 2026
8:44AM
DOF chief Go says PH must sustain reforms after World Bank upgrade
Finance Secretary Frederick D. Go said the Philippines’ transition to the World Bank’s upper-middle income category validates the Marcos administration’s economic reforms after the country joined economies such as Malaysia, Thailand, and China.
30 Dec 2025
10:42AM
World Bank gives Cebu BRT ‘unsatisfactory’ rating, flags delays
CEBU CITY—The World Bank is not optimistic that the Cebu Bus Rapid Transit (CBRT) will be completed by the end of its implementation period in September 2026.
19 Apr 2024
11:00AM
World Bank to Aid Philippines to Boost Tax System Digitalization
The World Bank has pledged to assist the Philippines in enhancing its tax system through digitalization, according to the Department of Finance.
18 Apr 2024
8:17AM
Recto Urges IMF, World Bank to Act Against Rising Postpandemic Poverty
Finance Secretary Ralph G. Recto highlighted the dire economic state of developing nations, noting that one in four is now poorer than before the start of the pandemic.
17 Apr 2024
8:09AM
World Bank Backs Philippines in Tax Digitalization Drive — DOF
Finance Secretary Ralph G. Recto has successfully garnered support from the World Bank during the WB-IMF Spring Meetings for the digitalization of tax administration in the Philippines, the Finance department said on Wednesday.
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