World Bank approves $750m loan for Philippine economy recovery, targeting public service, shipping, renewable energy, and climate resilience.

World Bank approves $750m loan to boost Philippine economy recovery, focusing on public service sectors, domestic shipping, renewable energy, and climate resilience. The loan supports initiatives like plastic waste reduction, green transportation, and eco-friendly goods procurement, with the aim to encourage private investment, innovation, and sustained growth, enabling the Philippines to transition to a greener economy.

June 29, 2024
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