Second Additional Financing News Today

The Department of Agriculture (DA) announced on Sunday the three-week conduct of the 17th World Bank (WB) Implementation Support Mission (ISM) to the Philippine

The World Bank (WB) and the Department of Agriculture (DA) will assess the overall implementation performance and progress of two projects that aim to raise agricultural output. The DA said in a statement that the 17th WB Implementation Support Mission (ISM) to the Philippine Rural Development Project (PRDP) and the…

The World Bank Board has approved a Second Additional Financing for the Rural Economic Transformation Project (RETRAP-AF II), the Bank said in a release issued recently.

The Department of Public Works and Highways (DPWH) is delighted to announce the successful signing of the first tranche of loan with Asian Development (ADB)

Neda board approves increase in Cebu BRT project funding The National Economic and Development Authority (Neda) board has approved an increase in the budget for the Cebu Bus Rapid Transit (BRT) project to P28.78 billion from P16.3 billion. The board also approved the extension of the implementation period until the end of December 2027, and the adjustment of the loan validity from the French Development Agency and the World Bank to September 2027.

The National Economic and Development Authority (Neda) board raised the budget for the Cebu Bus Rapid Transit (CBRT) from P16.3 billion to P28.78 billion during its 10th meeting. The additional P12.4 billion budget will cover the cost of changes in the project plan that now includes mixed traffic sections from Bulacao to Talisay, South Road Properties (SRP) to Talisay, and Cebu IT Park to Talamban. Additionally, there will be an increase in the number of stations and terminals, optimization of r...

HIGH-IMPACT programs and projects worth approximately P269.7 billion have been approved and are expected to boost tourism and address health care gaps, a Cabinet official said Friday.

The World Bank's Board of Executive Directors has approved an International Development Association (IDA) grant amounting to $150 million as a Second Additional Financing (AF2) for the Yemen Emergency Human Capital Project (YEHCP). The financing is set to continue delivering essential health, nutrition, water supply, sanitation, and hygiene (WASH) services while strengthening the country's systems throughout the embattled nation.

News and Press Release in English on Philippines about Peacekeeping and Peacebuilding; published on 17 Apr 2023 by EC

1.66 million of the four million doses of Moderna vaccines financed by the World Bank arrived in Nepal yesterday. The remaining doses will be