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The Philippines and the World Bank information


The Philippines' history with the World Bank started in 1945 when they became one of the first members of the International Bank for Reconstruction and Development (IBRD).[1] Their first project with the Bank came in 1957 with the Binga Power Project.[2] Since then, the Philippines has received $2.14 billion of disbursed loans from the IBRD.[3] The Philippines is in the constituency entitled EDS 15, comprising Brazil, Colombia, Dominican Republic, Ecuador, Haiti, Panama, Suriname, and Trinidad and Tobago, and headed by Executive Director Fabio Kanczuk.[4]

  1. ^ "The Philippines and the World Bank: Adapting to Challenges through the Years".
  2. ^ "Binga Power Project". World Bank. Retrieved 2019-12-01.
  3. ^ "Philippines | Data". data.worldbank.org. Retrieved 2019-12-01.
  4. ^ "EDS15 Home". www.worldbank.org. Retrieved 2019-12-01.

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