The International Finance Corporation (IFC), which serves as the WBG’s private sector investment arm, lauded the Philippines’ new and improved policy framework for public-private partnerships (PPPs).
The Philippine delegation, led by Finance Secretary and World Bank (WB) Governor for the Philippines Benjamin E. Diokno, met with the Bank’s top officials to discuss the Philippines’ sustainable development projects in the pipeline.
Finance Secretary and World Bank (WB) Governor for the Philippines Benjamin E. Diokno showcased the Philippine government’s growth strategies and called for increased investments in climate adaptation and mitigation during the 2023 Annual Meetings of the World Bank and International Monetary Fund (WB-IMF), with the theme “Global Action, Global Impact” in Marrakech, Morocco on October 9 to 15, 2023.
Finance Secretary Benjamin E. Diokno, World Bank (WB) Governor for the Philippines, and Bangko Sentral ng Pilipinas (BSP) Deputy Governor Francisco G. Dakila, Jr. convened with fellow finance ministers and central bank governors during the ASEAN Roundtable organized by the International Monetary Fund (IMF) on October 11, 2023.
Finance Secretary Benjamin E. Diokno called for reforms and increased concessionality in the financing models of multilateral development banks (MDBs) to address ongoing global challenges during the Intergovernmental Group of Twenty-Four (G-24) Ministerial Meeting on October 10, 2023.
Finance Secretary Benjamin E. Diokno briefed the Korean business community on the Philippines’ improved investment environment during the first-ever Korea-Philippines Forum on the Ease of Doing Business on October 6, 2023 at the Department of Finance (DOF) office in Manila.
The country’s labor market is seeing sustained improvements as unemployment lowers to 4.4 percent in August 2023 from 5.3 percent in the same month last year and the 4.8 percent…
Finance Secretary Benjamin E. Diokno emphasized that the government is redoubling its efforts to mitigate the effects of inflation after the headline inflation rate for September 2023 reached 6.1 percent.…
The International Monetary Fund (IMF) mission team, led by IMF Mission Chief Shanaka Jayanath Peiris, presented their assessment on the Philippines and acknowledged its strong post-pandemic growth of 7.6 percent in 2022.
The Republic of the Philippines (ROP) has published its Sustainability Bond Allocation and Impact Report, which details the estimated environmental and social impact of eligible social and/or green projects funded…
