Tag: World Bank

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Philippines puts World Bank fiscal reforms to test

Economy Context.ph Context.ph -
The Philippine government is moving to translate the World Bank’s Public Finance Review into concrete fiscal reforms, with economic officials stressing that better tax collection and spending will matter only if recommendations result in measurable improvements for citizens.

PH moves on World Bank fiscal review, tax reforms

Economy Context.ph Context.ph -
The Philippine government said it will act on recommendations from the World Bank’s latest Public Finance Review, putting a sharper focus on broadening the tax base, improving revenue collection and ensuring that public spending translates into measurable gains for Filipinos.

Cheaper power could unlock 161,000 jobs, World Bank says

Energy & Mining Context.ph Context.ph -
Accelerating power sector reforms could slash electricity prices, create more than 161,000 jobs and lift about 730,000 Filipinos out of poverty by 2030, with the World Bank arguing that lower energy costs may be one of the country's biggest catalysts for faster and more inclusive economic growth.

World Bank approves P15.6B Philippine water security project

Top News Context.ph Context.ph -
The World Bank Group has approved a USD268.6-million, or about P15.6-billion, water and sanitation project for the Philippines that is expected to create up to 46,500 jobs over the next 25 years while improving climate resilience in three island provinces.

Business groups hail upgrade, press for deeper reforms

Economy Context.ph Context.ph -
Foreign business groups welcomed the Philippines' elevation to upper middle-income economy status as a strong endorsement of the country's economic progress, while urging the government to accelerate reforms needed to convert the milestone into sustained investment and long-term growth.
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Rollback at the pumps: deep gasolibe price cut offers relief to consumers 

Energy & Mining 0
Consumers and business operators across the Philippines can expect mixed relief at the pumps this week, highlighted by a substantial price drop for gasoline products alongside steady to slightly higher diesel rates.

DA upbeat after global event puts PH pineapple, abaca in spotlight

Agriculture 0
The Philippines sees brighter prospects for its pineapple and abaca products following their successful showcase at the Food and Agriculture Organization’s World Food Forum 2026 in Italy, the Department of Agriculture (DA) said Sunday.

DA launches probe into smuggled vegetables

Agriculture 0
The Department of Agriculture (DA) is launching a full investigation into reports that allegedly smuggled vegetables are making their way into local markets, raising concerns about fair trade, farmer livelihoods, and food safety.

When the game becomes a bet

Life Sport 0
There was a time when watching a basketball game largely meant arguing about the referee, questioning the coach’s substitutions, and insisting that the player who missed three free throws should have been benched in the second quarter. These remain perfectly respectable ways to ruin a Sunday afternoon. Of late, however, there is increasingly another reason to get worked up over a game: money.

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