IBRD Loan: US$300 million
Terms: Maturity = 25.5 years; Grace = 10 years
Project ID: P126580
Project Description: The overall goal of this program is to help the Philippines achieve sustained inclusive growth through (i) consolidating fiscal discipline, (ii) improving competitiveness through reducing the cost of doing business and enhancing public infrastructure investment, (iii) strengthening governance – focusing on public financial management and accountability, and (iv) promoting human capital accumulation for the poor.