On the sidelines of the World Bank-International Monetary Fund Spring Meetings in Washington, Finance Secretary Ralph Recto met with officials of the World Bank led by its president, Ajay Banga, to discuss key areas for development.MANILA, Philippines —
Banga emphasized the need to build a solid digital infrastructure in the long term, which involves creating a digital identity, a real-time payment structure and a reliable document storage system for the government to get citizens on board and enhance the efficiency of public services. Apart from digitalization, the World Bank also expressed support for the administration’s infrastructure program through advisory works on several public-private partnership projects.
All areas tackled are expected to be aligned and reflected in the new country partnership framework that the World Bank is crafting for the Philippines.
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:
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.
World Bank sees faster growth for Philippines until 2025The Philippines’ economic expansion is expected to pick up pace next year, but the growth will remain below the government’s target, according to the World Bank.
Source: PhilstarNews - 🏆 1. / 94 Read more »
World Bank raises growth forecast for PhilippinesDefining the News
Source: MlaStandard - 🏆 20. / 55 Read more »
World Bank sees inflation easing in PhilippinesInflation in the Philippines is expected to decline, but geopolitical conflicts that may drive up fuel prices are seen to pose risks, according to the World Bank.
Source: PhilstarNews - 🏆 1. / 94 Read more »
First Philippines-United States-Japan Trilateral Summit to be Held in Washington DCThe first Philippines-United States-Japan trilateral summit will take place in Washington DC this week. The summit statement is not expected to include commitments to trilateral cooperation on the Taiwan issue or any language that would upset China. The trilateral meetings have been encouraged by the recognition of the importance of multilateral meetings in the Indo-Pacific region.
Source: rapplerdotcom - 🏆 4. / 86 Read more »
Livestock Philippines and Aquaculture Philippines 2024 to help push the subsector’s developmentLivestock Philippines and Aquaculture Philippines 2024 to help push the subsector’s development The country’s premiere trade event for the Philippine livestock, poultry, and aquaculture industries will open its gates to the public from May 22 to 24, 2024 at the World Trade Center in Pasay City.
Source: BusinessMirror - 🏆 19. / 59 Read more »
ONIC Philippines slay titans for top spot in MPL PhilippinesAs the 13th season of the Mobile Legends Bang Bang Professional League (MPL) Philippines heads to its second half of the regular season, there is a new top team to beat — ONIC Philippines.
Source: PhilstarNews - 🏆 1. / 94 Read more »