Philippines Promoting Competitiveness and Enhancing Resilience to Natural Disasters Sub-Program 3

closed

Closed

The development objectives of the Promoting Competitiveness and Enhancing Resilience to Natural Disasters Sub-Program 3 Development Policy Loan in Philippines are to support the Government of the Philippines in: i) promoting competitiveness; and ii) enhancing resilience. Pillar one, promoting competitiveness: (i) promotes investment in telecommunications; (ii) reduces the cost of doing business; (iii) improves trade facilitation by modernizing customs procedures; and (iv) increases agriculture productivity through regulatory reforms. Pillar two, enhancing resilience: (i) enhances fiscal resilience; (ii) increases social resilience through better digital infrastructure for social program delivery; (iii) increases use of electronic payments through more efficient payment systems; (iv) improves financial risk management to natural disasters and climate change; and (v) strengthens risk management of public assets to natural disasters and climate change.

World Bank Group

Project

Broadband, Telecommunications, Consumer Products, Raw Materials, Government