Philippines economy rank

The Bank’s development projects in the Philippines have produced significant results for the country’s peoplesince it extended it first loan, in 1957. In recent decades, Bank assistance has expanded to a wide range of projects and analytical work, policy advice, and capacity development in support of the Philippines’development agenda.

The Bank has supported one of the Philippine government's primary community empowerment and poverty alleviation programs, Kalahi-CIDSS.

Since February 2014, Kalahi CIDSS received US$779 million in funding under the KC National Community Driven Development Project (KC-NCDDP). KC-NCDDP aims to empower poor communities and has delivered impressive results in remote and poor areas, including Indigenous communities.

It has financed 54,578 subprojects, benefiting 17.5 million households. These subprojects, which include basic access facilities, (e.g., village roads), social services, environmental protection, and community utilitie

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