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World Bank to approve $824 M in gov't loans
Manila Bulletin
|November 17, 2025
Two new World Bank loans for the Philippines worth a combined $824.5 million, or over P48 billion, will be approved before year-end and early next year, supporting government initiatives aimed at fostering economic growth as well as sustainable agriculture.
In a Nov. 12 program information document (PID), the World Bank said the $800-million Philippines Growth and Jobs development policy loan (DPL) is scheduled for approval by its Washington-based board on Dec. 22, 2025.
This development policy financing (DPF) “aims to support the government of the Philippines strengthen fiscal management, enhance opportunities for private investment and innovation, and build labor force capabilities,” the multilateral lender said.
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