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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
3 Mins
October 04, 2023 | 12:10 AM BST
Smita Kuriakose, Lead Economist in the World Bank’s Finance, Competitiveness, and Innovation Global Practice. Source: WB
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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