WB approves $1B loan to support Philippine agriculture

Vnexpress
2026.03.30

The World Bank (WB) has approved a US$1 billion loan aimed at boosting agricultural productivity and strengthening the climate resilience of the Philippines’ food system.

The Washington-based lender announced recently that its Board of Executive Directors formally green-lit the funding for the Philippines Sustainable Agricultural Transformation Project (PSAT), which aims to support sector-wide reforms in the country.

Read more here.

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