WASHINGTON DC—Citing its long-standing partnership with the Philippines, World Bank chief executive officer Kristalina Georgieva confirmed the institution’s commitment to work with the Philippine government in helping conflict-torn Marawi City rise from devastation, along with scaling up support for peace-building efforts in Mindanao.
Read MoreWASHINGTON DC—Finance Secretary Carlos Dominguez III has cited the substantial progress made by the Association of Southeast Asian Nations (ASEAN) in moving closer to creating a common market for a region considered as one of the world’s major growth drivers as he reported before the International Monetary Fund (IMF) the accomplishments that the Philippines and other member-states of this bloc have done so far in step with their financial inclusion agenda.
Read MoreWashington DC — Finance Secretary Carlos Dominguez III has expressed optimism that the great strides in public governance and the economic reforms that the Philippines has thus far taken with the generous assistance of the United States would convince more American businessmen to invest in the country.
Read MoreThe government will require approximately P54 billion to finance the rehabilitation of the Agus-Pulangi hydro power plants of the National Power Corp. (Napocor) in Mindanao in a bid to increase capacity and extend service life by 30 more years, Finance Secretary Carlos Dominguez III said.
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