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Home »Posts tagged  world bank

Tag: world bank

World Bank – Persistent high inflation may slow down poverty reduction

Posted onOctober 4, 2018 8:15 pm

Manila, Philippines – The World Bank warned that the Philippines’ persistent high inflation can slow down progress on poverty reduction. In a briefing for the latest Philippines Economic Update (PEU) on Thursday, October 4, World Bank Senior Economist Rong Quan said that Read More …

CategoriesEconomyTagspoverty Philippines, world bank

World Bank retains below-target forecast for Philippine economy

Posted onJune 6, 2018 2:24 pm

Manila, Philippines — The World Bank has kept its growth forecast for the Philippine economy that, if realized, will fall below the government’s target for the next few years. In its latest outlook report published Tuesday, the Bank said that Read More …

CategoriesEconomyTagsworld bank

World Bank flags ‘sluggish’ poverty reduction in the Philippines

Posted onMay 30, 2018 6:38 pm

World Bank: More well-paying jobs and opportunities needed Manila, Philippines — The Philippines’ bullish economic fundamentals helped bring down the poverty rate, according to the World Bank, although poverty reduction in the country has been sluggish due to a wide wealth Read More …

CategoriesEconomyTagspoverty rate, world bank

Philippines among top recipients of remittances in 2017—World Bank

Posted onApril 23, 2018 3:10 pm

Manila, Philippines – The Philippines is among the top recipients of remittances worldwide, driven by growth in Europe, Russia and the US, the World Bank said in a report. The World Bank said that aside from the Philippines, which received Read More …

CategoriesEconomyTagsremittances, world bank

Philippine economy at risk of overheating, World Bank says

Posted onApril 17, 2018 7:50 am

Manila, Philippines — Although the Philippine economy is one of the top three growth performers in the region, it faces several domestic risks such as overheating, higher inflation and climbing fiscal deficits, the World Bank warned on Monday. In its Read More …

CategoriesEconomyTagsoverheating, philippine economy, world bank

World Bank approves $170-M for Philippine rural development

Posted onJanuary 12, 2018 9:16 pm

Manila, Philippines — The World Bank on Friday announced it has approved $170 million worth of additional financing for the Philippine Rural Development Project to boost incomes in the countryside and reduce poverty in the country. In a statement, the Read More …

CategoriesEconomyTagsdevelopment, News Philippines, world bank

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