INAPROBAHAN ng Board of Executive Directors ng World Bank ang $ 400 milyong pautang bilang suporta sa pagbangon ng lugmok na ekonomiya ng Pilipinas kaugnay ng COVID 19 pandemic.
Ang Philippines First Financial Sector Reform Development Policy Financing loan ay isa sa dalawang programsang sumusuporta sa tatlong reform areas kasama na ang pagpapalakas ng financial sector stability, integrity, and resilience; pagpapalawak ng financial inclusion sa mga tao at kumanya; at pagpapalaganap ng disaster risk finance na nangangalaga sa national budget, mga negosyon, pangkabuhayan ng pamilya at iba pang impact ng mga trahedya.
Ayon kay WB Country Director for Brunei, Malaysia, Philippines, and Thailand Ndiame Diop, lagi silang handang tumulong upang iangat ang ekonomiyang inilugmok ng pandemya.
Ang nasabing pautang na tinawag nilang development policy loan (DPL) ay nagbibigay ng mabilis na disbursing assistance sa mga bansang nagtatangkang bumangon.
May 75 taon na ngayong nakikipagtulungan ang World Bank sa Pilipinas para sa mga development projects and programs ng bansa.
Mula 1945, nagpapatakbo, nagpopondo at nakikipag-partner ang WB sa Pilipinas upang maibsan ang kahirapan, maiayos ang mga imprastraktura, kalusugan, nutrisyon at edukasyon, palakasin ang laban sa pagbabago ng klima at mga natural disasters, palaganapin ang kapayapaan, at makasabay sa global competitiveness. NV
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