In a statement on Saturday,. Finance Secretary Ralph G. Recto confirmed the World Bank's commitment during a meeting with its President, Ajay Banga, on April 17, 2024.
Under this program, the World Bank will form a specialized team to help the Department of Finance improve its digital infrastructure, which is vital for increasing tax collection efficiency.
This move aligns with efforts to mitigate revenue leakages and foster a robust digital framework for public services in the country, enhancing overall economic health and governance.
