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World Bank hails KP law passage
August 30, 2025
|Manila Bulletin
The passage into law of the Konektadong Pinoy Act is seen by the World Bank as a positive development toward digital transformation in the Philippines.
In an Aug. 28 implementation status and results report, the Washington-based multilateral lender said the rollout of the Philippines Second Digital Transformation development policy loan (DPL) has been “satisfactory” so far.
The World Bank greenlit the $750-million DPL in November last year. Of the loan amount, $706.65 million, or over P40 billion, has already been disbursed, according to the report.
This loan took effect in December 2024 and will close in March 2026.
هذه القصة من طبعة August 30, 2025 من Manila Bulletin.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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