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World Bank

Latest Daily Tribune news and analysis on World Bank.

  5. (FILE PHOTO) Socioeconomic Planning Secretary Arsenio Balisan

    No economic level upgrade this year

    ‘Over the last 10 years, we’ve seen progress in unemployment and underemployment numbers. These numbers do not matter as much because they are already too low,…

    1 MIN READ

  6. Asian Consulting Group founder and chief executive officer Mon Abrea

    Carbon tax seen as climate funds boost

    ‘It might shy away foreign investors if the Philippines start implementing carbon tax and our competitors will not impose the same carbon tax.’

    1 MIN READ

  9. A file photo shows farmers harvesting rice in Pulilan, Bulacan. The World Bank will extend its largest-ever loan to the Philippines next year to promote climate-resilient agri-food systems, particularly those based on rice, the Filipino staple food. On 6 December, they announced that their board will approve a $1-billion (over P58-billion) program-for-results financing (PforR) for the Philippines Sustainable Agriculture Transformation project by 5 June 2025. This program aims to achieve the following specific goals: diversify crops, increase the number of farmers who use climate-smart practices and technologies, increase productivity, and increase volumes of agricultural products sold at farmgate (as a proxy for farmers' incomes), as well as select perishable goods that benefit from improved post-harvest handling and storage, according to the World Bank document.

    Palay

    The World Bank will extend its largest-ever loan to the Philippines to support climate-resilient agriculture, focusing on rice and sustainable farming…

    1 MIN READ