World Bank Unveils New Country Strategy for Philippines

The World Bank is ready to provide up to USD1 billion per year from 2010 to 2012 to support development efforts in the Philippines. "We hope to do more for poverty alleviation measures, not only because poverty reduction has been lagging, but also because the poor are most vulnerable to the impact of the global recession," said Bert Hofman, the bank's top official in the country, in a


About the author

  • Eliza Villarino

    Eliza Villarino is an associate editor for Devex and leads the company's news team in Manila. She played a critical role in conceptualizing the Development Newswire. Prior to joining Devex in 2004, she has already published articles and news briefs for Internet media organizations and for the Institute for Ethics and Economic Policy at Fordham University in New York. She earned her bachelor's in political science and master's in public affairs from the University of the Philippines. Eliza is a member of Mensa Philippines.