World Bank Philippines

World Bank Philippines

Share

Mobilizing funding and global knowledge to support poverty reduction and promote shared prosperity.

11/06/2026

What if the key to more jobs and greater energy security is already all around us?

๐ŸŒฌ๏ธ Wind โ˜€๏ธ Sun ๐ŸŒ‹ Geothermal energy

The Philippines๐Ÿ‡ต๐Ÿ‡ญ has some of the world's most promising renewable energy resources. Harnessing them can help create jobs, reduce dependence on imported fuels, and power communities with cleaner, more reliable energy.

See how local resources can help shape the country's energy future: http://wrld.bg/ZUgz50Z9jPk

10/06/2026

๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐  ๐ญ๐ก๐ž ๐…๐ข๐ฅ๐ข๐ฉ๐ข๐ง๐จ ๐Œ๐ข๐๐๐ฅ๐ž ๐‚๐ฅ๐š๐ฌ๐ฌ: ๐“๐จ๐ฐ๐š๐ซ๐๐ฌ ๐‘๐ž๐ฌ๐ข๐ฅ๐ข๐ž๐ง๐ญ ๐…๐ฎ๐ญ๐ฎ๐ซ๐ž๐ฌ & ๐๐จ๐ฏ๐ž๐ซ๐ญ๐ฒ ๐„๐ซ๐š๐๐ข๐œ๐š๐ญ๐ข๐จ๐ง
CPU HLL Conference Room
June10, 2026

06/06/2026

๐‹๐Ž๐Ž๐Š: Speaking at the launch of the World Bank Groupโ€™s Poverty and Equity Assessment report for the Philippines โ€œ๐‘ฉ๐’–๐’Š๐’๐’…๐’Š๐’๐’ˆ ๐’•๐’‰๐’† ๐‘ญ๐’Š๐’๐’Š๐’‘๐’Š๐’๐’ ๐‘ด๐’Š๐’…๐’…๐’๐’† ๐‘ช๐’๐’‚๐’”๐’”: ๐‘ป๐’๐’˜๐’‚๐’“๐’…๐’” ๐‘น๐’†๐’”๐’Š๐’๐’Š๐’†๐’๐’• ๐‘ญ๐’–๐’•๐’–๐’“๐’†๐’” ๐’‚๐’๐’… ๐‘ท๐’๐’—๐’†๐’“๐’•๐’š ๐‘ฌ๐’“๐’‚๐’…๐’Š๐’„๐’‚๐’•๐’Š๐’๐’โ€ on June 5, DEPDev Secretary Arsenio M. Balisacan welcomed the report as a timely and valuable contribution to the governmentโ€™s efforts to strengthen evidenceโ€‘based policymaking and deepen understanding of the opportunities and challenges facing Filipinos.

โ€œThis report comes at a critical juncture in the Philippinesโ€™ development journeyโ€”one marked by meaningful progress in poverty reduction, yet also by persistent vulnerabilities and structural constraints that continue to shape the pace and inclusiveness of this growth,โ€ he said.

Balisacan noted that although poverty incidence declined to 15.5 percent in 2023 from 18.1 percent in 2021, many households remain highly exposed to various shocks, including food price volatility, health emergencies, climate-related disasters, and labor market disruptions.

Balisacan emphasized the role of the Filipino middle class in driving long-term development outcomes.

โ€œBuilding a resilient middle class is therefore more than a social aspiration. It is a socioeconomic imperative that underpins robust domestic demand, broadens the countryโ€™s tax base, supports human capital investment, and strengthens social cohesion and institutional stability,โ€ he said.

Read more: https://tinyurl.com/37xdnk82

Download the report here: https://bit.ly/WBPhPovertyEquityAssessment


05/06/2026

The World Bank Group's Poverty and Equity Assessment (PEA) helps policymakers better understand the drivers of poverty and inequality, and how to address them. This evidence-based analytical report explores how to make economic growth work better for people living in poverty and propose a set of actionable policy priorities.
The PEA report for the Philippines, with the title โ€œBuilding the Filipino Middle Class: Towards Resilient Futures and Poverty Eradicationโ€, uses new evidence on poverty and vulnerability, subnational service delivery, labor regulations, and fiscal incidence to identify opportunities to reduce poverty and to build a resilient middle class. It shows that if the Philippines combines reforms boosting productivity and job creation with a focused equity and resilience package, it can nearly eradicate poverty by 2040 and expand the secure middle class to more than half of the population, while keeping inequality in check.
Join today's event for a presentation of the report's key findings and listen to the views of experts and practitioners in the field.

04/06/2026

The World Bank Group's Poverty and Equity Assessment (PEA) helps policymakers better understand the drivers of poverty and inequality, and how to address them. This evidence-based analytical report explores how to make economic growth work better for people living in poverty and propose a set of actionable policy priorities.

The PEA report for the Philippines, with the title โ€œBuilding the Filipino Middle Class: Towards Resilient Futures and Poverty Eradicationโ€, uses new evidence on poverty and vulnerability, subnational service delivery, labor regulations, and fiscal incidence to identify opportunities to reduce poverty and to build a resilient middle class. It shows that if the Philippines combines reforms boosting productivity and job creation with a focused equity and resilience package, it can nearly eradicate poverty by 2040 and expand the secure middle class to more than half of the population, while keeping inequality in check.

Join the report launch and forum tomorrow at 9:30 AM for a presentation of the report's key findings and listen to the views of experts and practitioners in the field.

Tune in here on Facebook or join via Zoom: bit.ly/WB-PEALaunch

Photos from World Bank Philippines's post 28/05/2026

This is what resilience looks like on the ground. ๐Ÿ‡ต๐Ÿ‡ญ
In Cebu, World Bank Division Director Zafer Mustafaoglu met with communities leading the way under the Philippine Community Resilience Project (PCRP).
Local leaders and volunteers are not just receiving supportโ€”theyโ€™re asking the critical questions that shape their future:
What are our risks?
Who is most exposed and vulnerable?
What should we prioritize?
And who can we partner with to get there?
In Barangay Candaguit, communities are mapping risks, guiding decisions, and working hand in hand with local governments to strengthen preparedness and protect what matters most.
Together, they are building resilience through:
โ€ข participatory planning
โ€ข nature-based solutions and resilient infrastructure
โ€ข stronger livelihoods and community services
Because resilience isnโ€™t built in the middle of a crisisโ€”
itโ€™s built long before it. ๐Ÿ’™

Photos from World Bank Philippines's post 26/05/2026

Malnutrition isnโ€™t a statistic. Itโ€™s a daily reality. โš ๏ธ

In Cebu, World Bank Division Director Zafer Mustafaoglu visited community health centersโ€”meeting health care workers and families at the heart of a multisector nutrition effort. ๐Ÿ‘ฉโ€โš•๏ธ๐Ÿ‘ถ

The impact is clear: 96% of children are exclusively breastfed, 97% receive vitamin A supplements, 93% of mothers have better access to iron and folic acid, and nutrition convergence has reached 42% of householdsโ€”from a baseline of 0%. ๐Ÿ“Š

From increased antenatal care to stronger local nutrition systems, communities are taking the lead in improving child health. ๐ŸŒฑ
Because ending malnutrition starts on the ground.


Department of Health (Philippines) Department of Social Welfare and Development - DSWD

22/05/2026

What does it take to land your DREAM job? We asked young people from across the East Asia and Pacific region at the World Bank Group's East Asia and Pacific Youth Forum โ€” and their answers did not disappoint!

Passion โšกCommitment โšกMentorship

Watch the full video to hear it straight from the themselves โ€” then drop your own answer in the comments below. We want to hear from YOU!

Learn more about the Youth Forum that just took place: http://wrld.bg/z1k150Z31kN

Want your business to be the top-listed Government Service?

Telephone

Opening Hours

Monday 08:30 - 17:30
Tuesday 08:30 - 17:30
Wednesday 08:30 - 17:30
Thursday 08:30 - 17:30
Friday 08:30 - 17:30