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Philippines Emergency COVID-19 Response Development Policy Loan - P174120
Details
Project End Date:2021-06-30
Location:Philippines
Category:Goods, Works, Consulting services, Non-consulting services
Status:Completion and evaluation
Sectors:Macro-Economy & Public Finance, Private Sector & Trade
Contracting authority: DOF - Department of Finance of Philippines
Description
Author: Qian, Rong;
Document Date: 2020/04/24 02:24:48
Document Type: Program Information Document;
Report Number: PIDA29394
Volume No: 1
Total Volume(s): 1
Country: Philippines;
Region: East Asia and Pacific;
Disclosure Date: 2020/04/24 02:24:48
Disclosure Status: Disclosed
Doc Name: Appraisal Program Information Document (PID) - Philippines Emergency COVID-19 Response Development Policy Loan - P174120
Keywordssmall and medium enterprise; vulnerable household; financial relief; poverty and social impact; adequate foreign exchange reserves; disease prevention and control; cross-cutting themes; department of finance; measure of support; better service delivery; social protection program; source income; financing instrument; sovereign credit rating; international rating agency; trade development; rates of unemployment; source of income; loss of job; budget support operations; line of defense; exchange rate regime; risk of bankruptcy; impact on poverty; Development Policy Loan; loss of income; deferral of tax; interest rate movement; small business owner; macroeconomic policy framework; social security payment
Language: English
Topics: Poverty; Pandemics; Health; Environment and Natural Resources; Jobs;
Historic Topics: Poverty Reduction; Health, Nutrition and Population; Industry; Social Protections and Labor;
Historic SubTopics: Inequality; Public Health Promotion; Health Care Services Industry; Global Environment; Labor Markets;
Unit Owning: EFI-EAP-MTI-MacroFiscal-2
Originating Unit: EFI-EAP-MTI-MacroFiscal-2 (EEAM2)
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tender Background
About the Funding Agency
The World Bank (USA) is part of an international financial agency that makes loans and grants to governments in low- and middle-income countries to fund capital projects. The United States was a driving force behind the founding of the World Bank in 1944 and it is still the World Bank's largest shareholder today.
The United States contributes to tackling critical international development concerns through the World Bank Group and has a long history of generously supporting the objectives of the World Bank Group and has been a champion of the International Development Association (IDA) which provides low-interest loans and grants to the world's poorest countries. The key U.S. priorities at the World Bank include a multilateral health and economic response to COVID-19, debt sustainability and transparency, promoting governance and fighting corruption, ending energy poverty and supporting a strong emphasis on accountability, transparency and development impact.
About the Sectors
Macro-Economy & Public Finance
Includes initiatives that support macroeconomic stability, sound fiscal policy, and effective management of public financial resources.
Key areas:
- Macroeconomic analysis and policy support
- Public finance management (PFM)
- Government budgeting, taxation, and debt management
- Economic growth and development strategies
Private Sector & Trade
Entails initiatives that promote entrepreneurship, strengthen competitive markets, and expand domestic and international trade opportunities.
Key areas:
- Private sector development and SME/MSME support
- Entrepreneurship, start-ups, and business growth initiatives
- Trade facilitation, import/export, and market access
- Commerce, retail/wholesale, and free trade mechanisms
Locations
Philippines
The Philippines prioritizes transport modernization, airport expansion, port upgrades, and flood control systems to strengthen economic competitiveness and disaster resilience. Large-scale public infrastructure programs aim to address historical underinvestment and improve inter-island connectivity. Financing combines national budgets, public-private partnerships, and multilateral development assistance. Implementation challenges include bureaucratic delays, disaster vulnerability, and regional disparities in infrastructure access.
Nr. of tenders: 29735
Nr. of grants: 3225
Nr. of donors: 583
Nr. of jobs: 82
Nr. of tenders: 29735
Nr. of grants: 3225
Nr. of donors: 583
Nr. of jobs: 82
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