World Bank

Latin America to bear worst impact from coronavirus: World Bank

  WASHINGTON, United States (AFP) -- Latin America and the Caribbean will suffer the worst economic and health impact from…

World Bank wants $12 billion for virus vaccine in poor nations

WASHINGTON, United States (AFP) -- The World Bank on Tuesday said it has asked its board of directors to approve…

World Bank chief warns COVID-19 pandemic has driven 100 million people to extreme poverty

Numbers could go higher if pandemic drags on   by Heather SCOTT Agence France Presse WASHINGTON, United States (AFP) --…

Elevated extreme poverty to persist through 2021: World Bank

WASHINGTON, United States (AFP) -- Global economic growth could rebound next year -- but the number of people living in…

World Bank approves $100-million loan for PHL COVID-19 emergency response project

(Eagle News)--The World Bank has approved a $100-million loan for the Philippines’ COVID-19 Emergency Response Project. "The government has taken…

World Bank approves $500-million loan to boost PHL disaster, COVID-19 response bid

(Eagle News) -- The World Bank on Friday, April 10, approved a $500-million loan to boost the Philippines' capacity to…

PHL eyeing $5.6-billion loan from foreign banks to boost economy amid COVID-19 emergency

(Eagle News)--Finance Secretary Sonny Dominguez on Thursday, April 9, said he was eyeing a  $5.6-billion loan from the World Bank…

World Bank allots $100-M fast-track loan to help PHL contain coronavirus spread

  (Eagle News) -- The World Bank has allotted US$100-million fast-track loan to the Philippine government for the procurement of…

World Bank unveils $12 billion aid package to combat coronavirus

WASHINGTON, United States (AFP) -- The World Bank unveiled a $12 billion aid package on Tuesday that will provide fast-track…

Global economy faces tenuous recovery beset by risks: World Bank

by Heather SCOTT WASHINGTON, United States (AFP) -- Recovery in a handful of countries will boost global growth slightly this…

Massive debt wave could crash on developing countries, World Bank warns

  by Heather SCOTT Agence France Presse A wave of debt in emerging and developing nations has grown faster and…

PHL inks $400-M loan with World Bank, first of $1.2-B package to help country amid climate change threats

(Eagle News) -- The Philippines inked on Thursday, Dec. 19, a $400-million loan accord with the World Bank, which represented…

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