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Additionally, the Philippines and the World Bank have set goals for the Philippines by 2040. By that time, the Philippines wants to be free from poverty and sustain a prosperous middle class. [39] In order to do so, the World Bank estimates that income per capita must triple by way of having its economy grow at an average annual rate of 6.5%. [40]
The Philippines begins the mass vaccination campaign for economic frontline workers. The Philippines's Food and Drug Administration approves for emergency use the Sinopharm BBIBP-CorV vaccine. COVID-19 pandemic in Taiwan. Taiwan extends its nationwide alert level 3 until June 28 as the number of COVID-19 cases continues to remain high.
January 4 – President Duterte signs Republic Act No. 11510, institutionalizing the alternative learning system (ALS). [2] [3]January 18 – The Department of National Defense announces its unilateral termination of its 1989 accord with the University of the Philippines which took effect three days earlier over claims that the New People's Army is recruiting members in the universities' campuses.
700,000 of the world's mariners come from the Philippines, being the world's largest origin of seafarers; [11] In 2018, Filipino seafarers sent home the equivalent of US$6.14 billion. [ 12 ] Then-President Rodrigo Duterte announced that in 2021, the Philippines would limit the annual number of health professionals (including nurses) it sends ...
Between 2004 and 2013, the World Bank committed to lend or give at least $338 billion, according to bank data. Its private-lending affiliate, the International Finance Corporation, committed to invest at least $116 billion during the same period in corporations and other banks in pursuit of the overall goal of alleviating poverty.
The World Bank Institute is the capacity development branch of the World Bank, providing learning and other capacity-building programs to member countries. The IBRD has 189 member governments, and the other institutions have between 153 and 184. [2] The institutions of the World Bank Group are all run by a board of governors meeting once a year ...
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An annual U.S. government report on “notorious markets” known for counterfeiting and other violations of intellectual property says that nearly all 35,000 online pharmacies around the world are being run illegally More »