The World Bank has officially classified the Philippines as an upper-middle-income economy, a major milestone driven by years of broad-based growth. While challenges like inequality remain, the upgrade signals progress toward higher development.
Philippines Eyes Over $2 Billion in Global Funding
The Department of Agriculture (DA) is ramping up efforts to secure more than $2 billion (approximately P117.9 billion) from global funding sources, including the World Bank, Asian Development Bank (ADB), and the French government. These funds aim to transform the…
