Palace sees resilient 2013 economy

Manila, Philippines – Malacañang is optimistic that the domestic economy will remain resilient and reach its growth target for the year. Presidential spokesman Edwin Lacierda said the government welcomes World Bank’s improved growth forecast for the Philippines in the next two years but it expects the growth to be higher. var addthis_config = {"data_track_clickback":true,"data_track_addressbar":true,"data_track_textcopy":true,"ui_atversion":"300"}; var... 

The right formula, right solution

Manila, Philippines – I Believe that administration after administration has failed to address the Philippines’ unemployment and poverty problems, at least partly because of the formula being used in measuring joblessness. Incoming search terms:philippine poverty incidence 2012 in statistical formulas (1)unemployment their solutions in the philippines (1) Read More »

WB aid for housing – Binay

Manila, Philippines – Vice President Jejomar C. Binay declared yesterday that the World Bank has committed to provide technical and financial assistance to help the country in meeting its housing targets for the homeless poor.  Read More »

Maternal deaths down, says UN

The number of women dying of pregnancy and childbirth-related complications has almost halved in 20 years, according to new estimates released by the United Nations (UN), which stressed that greater progress s still needed in significantly reducing maternal deaths.  Read More »

Global poverty target reached ­ UN

Manila, Philippines – The target of reducing global poverty has been met in advance of the Millennium Development Goals (MDGs) deadline of 2015, United Nations Secretary-General Ban Ki-Moon has proudly announced. The MDGs are eight international development goals that all 193 UN member states, including the Philippines, and at least 23 international organizations have agreed to... 

World Bank headship race on

WASHINGTON DC (AFP) – The race to succeed World Bank president Robert Zoellick is heating up with the emergence of the first declared candidate, another American. Renowned economist Jeffrey Sachs, who led the UN committee on the millennium development goals, threw his hat in the ring Friday in a Washington Post op-ed piece, saying the World Bank needs an expert like himself rather... 

Clinton moving to World Bank?

WASHINGTON (Reuters) – Secretary of State Hillary Clinton has been in discussions with the White House about leaving her job next year to become head of the World Bank, sources familiar with the discussions said on Thursday. The former first lady and onetime political rival to President Barack Obama quickly became one of the most influential members of his Cabinet after she began... 

WB President arrives for visit

Manila, Philippines – World Bank (WB) Group President Robert B. Zoellick arrived in the Philippines last Tuesday to strengthen its partnership with the country. While in the Philippines, Zoellick will meet President Benigno S. Aquino III as well as the economic team led by Finance Secretary Cesar A.V. Purisima. He will also meet leaders and representatives of civil society organizations... 

On target

Manila, Philippines – The Philippines is on track to meet its goal of providing 2.3 million poor households with conditional cash through the government’s flagship poverty reduction program called the Pantawid Pamilyang Pilipino Program (4Ps), based on a joint review by the Asian Development Bank (ADB), Australian Agency for International Development (AusAID), and World Bank (WB).... 

‘RH bill teaches responsible parenthood’

Washington D.C. (via PLDT) – President Benigno S. Aquino III said yesterday that the Reproductive Health bill in Congress would help adult Filipinos make responsible decisions on becoming parents. Speaking at the International Monetary Fund and World Bank Annual Meetings here, President Aquino said the proposed measure was never intended to be used as a type of contraceptive but he...