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BusinessWorld E-paper

December 23, 2022

THE MARCOS administration is seeking a $600-million loan from the World Bank to help the Philippines bounce back from the pandemic, as well as improve climateresilience and fiscal management.
The Philippines’ first sustainable recovery development policy loan (DPL) is expected to be approved by the World Bank board
on May 16, 2023, according to a document uploaded on the multilateral lender’s website.

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