WB focuses on poverty cut, job creation in 2015-2018 strategy

Aware of the country’s rapid economic growth over recent years and the slow reduction in poverty and job creation for its people, the World Bank acknowledged it was time to review its strategy for its partnership with the Philippines.

World Bank Country Director Motoo Konishi said the group will give top priority to projects and assistance that will step up poverty reduction and shared prosperity among Filipinos, using the group’s best analytical and monitoring tools to ensure that such interventions clearly benefit the poor.