BusinessWorld E-paper
June 27, 2023
THE PHILIPPINE government and the World Bank (WB) signed on Monday four loan agreements worth $1.14 billion, including a $750-million loan to support policy reforms on environmental protection and climate resilience.
Finance Secretary Benjamin E. Diokno and World Bank Country Director for the Philippines Ndiamé Diop signed the loan agreements, which would fund government initiatives to boost economic resilience, improve education, strengthen climate resilience and further develop the agriculture and fisheries sectors.
