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World Bank approves $600m for Philippines’ digital financial infrastructure

The international development bank aims to speed up the digitalisation of the Southeast Asian nation’s economy.

By João Marques Lima

Founder and Editor, The Tech Capital

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October 04, 2023 | 12:10 AM BST

World Bank approves $600m for Philippines’ digital financial infrastructure

Smita Kuriakose, Lead Economist in the World Bank’s Finance, Competitiveness, and Innovation Global Practice. Source: WB

The Tech Capital

The World Bank’s Board of Executive Directors has approved US$600 million in financing for the Philippines to support reforms aimed at increasing digitalisation.

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João Marques Lima

Founder and Editor, The Tech Capital

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