World Bank

The World Bank plays a significant role in the Philippines through various initiatives, including economic forecasts, education projects, climate insurance funds, and digital transformation programs. Recent reports highlight both challenges, such as the downward revision of the Philippines' economic growth forecast, and opportunities, like the approval of a $600 million education project to address learning loss. The Bank also supports long-term development goals, such as helping the Philippines transition to a middle-class economy by 2040 through targeted reforms.