Topic

World Bank

The World Bank has been actively supporting the Philippines by distributing land titles and debt condonation certificates in Cagayan Valley, as part of its Project SPLIT initiative aimed at strengthening land tenure for farmers. President Ferdinand R. Marcos Jr. praised the launch of the World Bank's Country Partnership Framework (CPF) for fiscal years 2026 to 2031, which aligns with his government's development agenda focusing on health care, education, job creation, and disaster resilience.

🤖

This is an AI-generated summary based on recent coverage. It was last updated on Mon, September 8, 2025 at 8:14 AM

Latest Stories

Recent developments on World Bank

Mon, September 8, 2025 at 1:38 PM

CSC launches P3.88B modernization project to digitize bureaucracy

The Civil Service Commission (CSC) has launched the Philippine Civil Service Modernization Project (PCSMP), a P3.88 billion initiative to digitally transform the bureaucracy.

Mon, September 8, 2025 at 12:00 AM

DA, World Bank to launch $70M climate insurance fund for farmers

The Department of Agriculture (DA) and the World Bank are collaborating to establish a $70 million climate insurance fund, structured as a co-insurance pool involving private insurers and the Philippine Crop Insurance Corp. (PCIC).

Wed, August 20, 2025 at 8:01 PM

DICT eyes completion of national fiber backbone by July 2026

The Department of Information and Communications Technology (DICT) aims to complete the National Fiber Backbone (NFB) project by July next year, ahead of its original schedule.

Mon, August 11, 2025 at 7:00 PM

DICT starts Phases 4 and 5 of National Fiber Backbone project

The Department of Information and Communications Technology (DICT) has officially commenced Phases 4 and 5 of the National Fiber Backbone (NFB) project.

Fri, August 1, 2025 at 3:53 PM

World Bank approves $700M loan for PH disaster resilience

The World Bank has approved a USD700 million loan for the Philippines' Community Resilience Project, aiming to make approximately 18 million households less vulnerable to natural disasters.

Fri, August 1, 2025 at 1:27 PM

World Bank project aids farmers with land titles, debt condonation

The World Bank, through Project SPLIT, is supporting Filipino farmers by facilitating the distribution of land titles and debt condonation certificates.

Thu, July 31, 2025 at 3:47 PM

ODA portfolio up 6% to $39.61B in 2024

The Philippines' total official development assistance (ODA) portfolio increased by 6 percent to USD39.61 billion in 2024, according to the Department of Economy, Planning, and Development (DEPDev).

Tue, July 29, 2025 at 7:03 PM

DTI seeks more funds for MSME financing program

The Department of Trade and Industry (DTI) is requesting additional funding to expand its financing program for micro, small, and medium enterprises (MSMEs).

Wed, July 23, 2025 at 3:11 PM

Cebu BRT pilot ops to start in September with 3 stations

The Department of Transportation (DOTr) will begin pilot operations for the Cebu Bus Rapid Transit (Cebu-BRT) in September, with at least three stations operational.

Thu, July 17, 2025 at 12:02 AM

Filipino adults financial account ownership slightly dips in 2024

As of end-2024, 50.2% of Filipino adults aged 15 and above possessed financial accounts, a slight decrease from 51.4% in 2021, according to the World Bank's Global Findex 2025 report.