World Bank

The World Bank has been actively supporting the Philippines by distributing land titles and debt condonation certificates in Cagayan Valley, aligning its Country Partnership Framework with President Marcos's development goals. The CPF aims to enhance access to healthcare, education, job creation, and disaster resilience, focusing on infrastructure and regulatory reforms to boost economic growth and human capital development.

This is an AI-generated summary based on recent coverage.
Last updated at August 2, 2025.

Recent stories about World Bank

World Bank provides $700M loan for Philippines Community Resilience Project

The World Bank has provided a USD700 million loan to support the Philippines Community Resilience Project, which aims to strengthen community resilience for 18 million households in the country.
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Marcos lauds World Bank CPF aligning with PH goals

President Ferdinand R. Marcos Jr. praised the launch of the World Bank Group's Country Partnership Framework (CPF) for fiscal years 2026 to 2031, which aligns with his government's development agenda.
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BSP commits to financial inclusion, account ownership down

The Bangko Sentral ng Pilipinas (BSP) reaffirmed its commitment to enhancing financial inclusion despite a slight decline in account ownership among Filipinos aged 15 and above, according to the World Bank's Global Findex 2025 report.
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Financial account ownership at 50.2% for Filipino adults

According to the World Bank's Global Findex Database 2025 report released Wednesday, only 50.2% of Filipino adults had financial accounts by the end of 2024, a slight decline from 51.4% in 2021.
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Philippines on track for high-income status with 7% GDP growth potential

The World Bank released a report highlighting the Philippines' impressive economic growth over the past 15 years, noting the country's potential to reach an annual GDP growth rate of nearly 7% and join the ranks of high-income countries within 25 years.
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Rep Martin Romualdez calls for laws to achieve upper middle-income status

Leyte 1st District Rep. Martin Romualdez called for laws to help the Philippines achieve upper middle-income status following a World Bank report that placed the country just $26 short of the threshold in 2024.
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Philippines aims for upper-middle income status by 2028

The Marcos administration remains hopeful that the Philippines will achieve upper-middle income status despite the World Bank retaining its classification as a lower-middle income economy in fiscal year 2026.
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Philippines misses upper middle-income status by $26

The Philippines remains classified as a lower middle-income country by the World Bank based on its gross national income (GNI) per capita of $4,470 for fiscal year 2026.
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World Bank launches CPF for PH, aims 4M jobs, 19M broadband access

The World Bank has unveiled a new Country Partnership Framework (CPF) for the Philippines aimed at enhancing resilience to external shocks.
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MAP welcomes Early Childhood Care Law, urges funding

On Tuesday, the Management Association of the Philippines (MAP) welcomed the signing of the Early Childhood Care and Development Law by President Ferdinand Marcos Jr.
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