Tag: World Bank
WB sees big drop in commodity prices
The World Bank sees commodity prices making their sharpest drop since the Covid-19 pandemic.
The drop in prices, however, is expected to bring little relief to the nearly 350 million...
PH climbs in global logistics ranking
The Philippines landed at the 43rd spot in the World Bank’s (WB) Logistics Performance Index (LPI) 2023, the country’s highest ranking in the logistics...
UN agency warns developing nations of hardships
The United Nations Trade and Development Conference (UNCTAD) warned on Wednesday that developing countries face years of difficulty as the global economy slows amid...
Ukraine reconstruction to need at least $411 billion
The cost of Ukraine’s recovery and reconstruction will cost at least $411 billion in the next decade, according to the World Bank.
The assessment was carried out...
P725 million farm-to-market roads endorsed for World Bank funding
At least five farm-to-market roads in the Eastern Visayas region worth P725 million have been endorsed for funding under the Philippine Rural Development Project...
Official development assistance to PH hits $30.7 billion in 2020
The Philippines' active Official Development Assistance (ODA) portfolio reached $30.7 billion in 2020, a 46.6-percent increase from the previous $20.9 billion in 2019, the...
Govt eyeing reformulated booster shots
The government is working to acquire reformulated booster jabs that are recommended to fight emerging coronavirus variants of Covid-19.
The next-generation vaccine boosters will extend...
