Difference between revisions of "Cities of the Philippines"

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==[[Philippines News|News from the Philippines]]==
==[[Philippines News|News from the Philippines]]==
*'''World Bank approves $300-M loan for PH anti-poverty program'''
*'''Q2 growth likely picked up to 6.2% '''
*Friday, June 28, 2019
*Saturday, June 29, 2019


:THE World Bank’s Board of Executive Directors has approved a U$300 million loan to provide additional funding for the Philippines’ Pantawid Pamilyang Pilipino Program (4Ps).
:The economy could have grown by above six percent in the second quarter of 2019, even as the slower spending performance earlier this year due to the delayed passage of the budget could still have an impact on growth.


:In a statement on Friday, World Bank said the new funding would finance cash transfers to poor families for a period of two years, as well as help combat malnutrition and promote early childhood development ........... [https://www.manilatimes.net/world-bank-approves-300-m-loan-for-ph-anti-poverty-program/576260/<font size=4 color=green>Full Story»</font>]
:Ernesto Pernia, socioeconomic planning secretary, expects a faster year-on-year expansion for this quarter, compared to the 5.6 percent growth recorded in the first three months of the year ........... [https://www.malaya.com.ph/business-news/business/q2-growth-likely-picked-62<font size=4 color=green>Full Story»</font>]


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*'''PH seen to grow faster than Asian powerhouses'''
*'''World Bank approves $300-M loan for PH anti-poverty program'''
*Thursday, June 27, 2019
*Friday, June 28, 2019


:The Philippine economy will grow at a more rapid pace than Asia’s regional economic powerhouses, estimates by the World Bank showed, citing the country’s strong macroeconomic fundamentals and sustained implementation of fiscal and tax reforms.
:THE World Bank’s Board of Executive Directors has approved a U$300 million loan to provide additional funding for the Philippines’ Pantawid Pamilyang Pilipino Program (4Ps).


:Finance Undersecretary Gil S. Beltran said the World Bank’s projections are anchored on the Philippines’ solid external stance and “highly domestically driven” economy, which provides it “ample cushion” against external headwinds that are generally foreseen to slow down global growth this year ........... [https://business.mb.com.ph/2019/06/26/ph-seen-to-grow-faster-than-asian-powerhouses/<font size=4 color=green>Full Story»</font>]
:In a statement on Friday, World Bank said the new funding would finance cash transfers to poor families for a period of two years, as well as help combat malnutrition and promote early childhood development ........... [https://www.manilatimes.net/world-bank-approves-300-m-loan-for-ph-anti-poverty-program/576260/<font size=4 color=green>Full Story»</font>]


==Independent Philippine Cities==
==Independent Philippine Cities==
325,636

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