Rappler's latest stories on World Bank
The World Bank projects the global economy will grow by 2.4% in 2020. But forecasts for nearly every country are cut compared to previous estimates.
The late Paul Volcker was a hero for saving the Philippine peso during the worst economic crisis of the 1980s
The World Bank's cost estimate does not include longer-term effects of repeated exposure to haze, such acute respiratory illnesses, or lost school time after students and teachers were advised to stay home
'Why is the World Bank loaning money to China? Can this be possible? China has plenty of money, and if they don’t, they create it. STOP!' Donald Trump writes on Twitter
The World Bank has contributed a total of $1.26 billion to the Pantawid Pamilyang Pilipino Program since it first provided funding in 2010
The warning comes as anti-government demonstrators push on with rallies and hundreds of school children boycott classes
Global trade tensions and domestic politics spoil the Philippines' dream to be among Asia's economic juggernauts
The 5% increase in the total foreign debt of developing nations in 2018 is driven by a surge in Chinese debt
There is a need for massive investment in infrastructure and job creation in the coming years just to keep pace with Africa's growing population
'Despite its importance to the Ivorian economy and society, the cocoa sector is not playing its role as the engine of economic development,' says the World Bank
The World Bank approved a loan for Yolanda victims in 2013 but the Aquino administration did not hide this information
The World Bank says the effects of disasters in low- and middle-income nations are worsened by poor management of bridges, roads, and electricity grids
The World Bank says China's Belt and Road Initiative has the potential to boost trade and investment, but only if China and other nations make policy reforms
The greatest danger on the horizon is the prospect of worsening trade clashes between major world economies
Millions of people have fled the country as astronomical rises in the cost of consumer goods and broader economic woes have made food and basic supplies unobtainable for average people
Trade Secretary Ramon Lopez says the Philippines is aiming for a ranking higher than 95th, after accomplishing 33 out of 43 planned reforms
"To date, about three million people have been affected, with near total damage in the worst affected areas," says the World Bank
However, the IMF chief says: 'It's obvious that it's continued uncertainty and it does not resolve, other than by postponing what would have been a terrible outcome'
The World Bank provided dictator Ferdinand Marcos a curtain of international legitimacy behind which he and his cronies plundered the public till
The World Bank says the Philippines' delayed 2019 budget and El Niño are likely to hurt economic growth
The World Bank has been led by an American ever since it was founded in the aftermath of World War II. Will this change?
Jessica Ditto, the White House Deputy Director of Communications, says reports that Ivanka Trump 'is under consideration are false'
Growth of the world economy is expected to slow to 2.9% this year, and 2.8% in 2020, slightly below the previous forecast
World Bank CEO Kristalina Georgieva will serve as interim president upon Kim's February 1 departure
Under President Duterte's watch, we've gone down the global Doing Business ranking by 25 notches all in all – by far the largest decline in ASEAN
Watch the evening wRap with Quita Chuatico
The Philippine government rejects the findings, as Philippine finance and trade officials urge the World Bank to correct the 'inaccurate and understated findings'
According to the report, the number of poor worldwide is still 'unacceptably high,' while the fruits of economic growth are 'shared unevenly across regions and countries'
The world economy is still growing but faces an 'unprecedented' combination of threats, the International Monetary Fund warns during an annual meeting with the World Bank
World Bank CEO Kristalina Georgieva says the funds could be used for reconstruction and the country's disaster resilience efforts
Joko Widodo's offbeat reference to the wildly popular show draw applause from the audience attending the annual meetings of the International Monetary Fund and World Bank in Bali
If becoming an upper-middle income country was hard enough – it took us more than 3 decades to do that – becoming a high-income country (like Singapore or South Korea today) will be harder still
World Bank education specialist Javier Luque says teachers' salaries should be similar to other professions that require the same level of training and dedication
World Bank Senior Economist Rong Quan says high inflation is hitting the poor harder as food and transport account for two-thirds of their expenses
The World Bank says the Philippines' growth trajectory is positive but lower than expected
There should also be an exit exams, says World Bank senior education specialist Javier Luque in a forum organized by the Philippine Business for Education
The Philippines is aiming to roar along with Asian tigers by 2040. To do this, the country needs to triple the gross domestic product per capita in two decades.
World Bank education specialist Takiko Igarashi says the Alternative Learning System currently has low participation and passing rates
The complaint is filed by a private citizen named Rjhay Laurea, the same person who filed the opposition against Marquez’ candidacy for Supreme Court justice
Private citizen Rjhay Laurea files the opposition with the Judicial and Bar Council (JBC), which is screening Marquez and other applicants for Supreme Court Justice
Watch Rappler's evening newscast with Marguerite de Leon
'Despite the generally good economic performance, poverty remains high and the pace of poverty reduction has been slow,' says the World Bank in its latest report on poverty in the Philippines
Watch Rappler's evening newscast with Marguerite de Leon
These two Chinese firms are now part of the Bangon Marawi Consortium, a group of Chinese and Filipino companies tapped to rebuild areas hit by the Marawi siege
While the gap remains, the number of Filipino adults holding formal bank accounts is now higher, accelerated by mobile phones and the internet
'We shall continue to rely on the ADB for financial assistance, be it in the form or loans or grants,' President Rodrigo Duterte says at the 51st Annual Asian Develoment Bank Meeting
'Any growth above 6.7% would require vigorous investment in physical and human capital to push the economy beyond its current potential output,' says the World Bank
'With zero tariff and few non-tariff barriers, Basulta could return to a version of the barter trade that made it prosperous in the past,' says the World Bank
The World Bank is the sole investor in the issuance which is expected to curb 93,000 tons of carbon dioxide emissions per year by 2022 through the funding of climate-smart projects
A World Bank study finds that more firms have difficulty looking for workers 'with appropriate socioemotional skills'