PH borrows another $810M from WB

  • 📰 cebudailynews
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 71%

Philippines Headlines News

Philippines Latest News,Philippines Headlines

Three forthcoming loans to be extended by the World Bank (WB) to the Philippines totaling $810 million will aid in pandemic recovery and building resilience against natural disasters as well as

In separate reports last week, the World Bank said the $600 million promoting competitiveness and enhancing resilience to natural disasters sub-program 3 loan will be approved by its board on Dec. 15; the $110-million financing for the teacher effectiveness and competencies enhancement project on Dec. 16; and the $100-million loan for the strengthening alternative learning system for all project on Feb. 22 next year.

But the World Bank said risks arose from “high degree of uncertainty on the duration and depth of the COVID-19 pandemic” plus next year’s presidential election. Also, the World Bank pointed to “limited improvement in national and international student assessments results” such as DepEd-administered national achievement test as well as the Organization for Economic Cooperation and Development’s Program for International Student Assessment in 2018 and the Trends in International Mathematics and Science Study in 2019.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PH borrows another $810M from WBThree forthcoming loans to be extended by the World Bank to the Philippines totaling $810 million will aid in pandemic recovery and building resilience against natural disasters as well as improving the education sector. | bendeveraINQ bendeveraINQ Kulang pa ba ang nananakawin? bendeveraINQ How many more generations will have to pay this off? More importantly, how much of it would actually go to projects instead of politician's pockets? bendeveraINQ Campaign money on the way..
Source: inquirerdotnet - 🏆 3. / 86 Read more »

'Ngipin ng batas' Diokno says Robredo intends to give 'teeth' to PH lawsDespite being a newbie in politics, human rights lawyer Chel Diokno is honored to be included in Vice President Leni Robredo’s opposition ticket for the May 2022 polls. ngipinngbatas DioknoSaSenado LeniforPresident2022 Focus on Now problems NOT TRAPO problems , In pandemic we need job, low crime rate, no Narco syndicate , More border security , No domestic terrorist! Clueless TRAPO Idederetso ulit namin sa inidoro yan hhahaha
Source: manilabulletin - 🏆 25. / 51 Read more »

Vaccine developers need to secure EUA from PH FDA for COVID-19 booster dosesManufacturers of COVID-19 vaccines need to secure an emergency use authorization from the Philippine Food and Drug Administration to allow the use of booster shots of their vaccines in the country, an official of the Department of Health said. LisaJackson022 you are a trader with so much ambitious goals towards his clients, a woman with love for others. You're honest when it comes to investment Thanks for changing my life financial i will be greedy if I don’t share this guys Contact LisaJackson022 for a success trade
Source: manilabulletin - 🏆 25. / 51 Read more »

PAGASA: Cloudy skies, rains to affect parts of PHCloudy skies with rain showers and thunderstorms may affect parts of the country over the weekend, the Philippine Atmospheric, Geophysical and Astronomical S... LisaJackson022 you are a trader with so much ambitious goals towards his clients, a woman with love for others. You're honest when it comes to investment Thanks for changing my life financial i will be greedy if I don’t share this guys Contact LisaJackson022 for a success trade
Source: manilabulletin - 🏆 25. / 51 Read more »

PH receives largest Sputnik V shipmentA total of 720,000 Sputnik V shots arrived in the country Saturday. It's the largest shipment of the Russia-made vaccine so far. Expired na
Source: CNN Philippines - 🏆 13. / 63 Read more »

Saudi health protocols force PH Labor Office to suspend admission of female OFWs in Bahay-KalingaThe Philippine Overseas Labor Office (POLO) in Jeddah in the Kingdom of Saudi Arabia (KSA) has announced the suspension of admission of female overseas Filipino workers (OFWs) in the Bahay-Kalinga to abide by health protocols set by the Kingdom.
Source: manilabulletin - 🏆 25. / 51 Read more »