WB encourages PH to use innovations 

THE World Bank (WB) is encouraging the Philippines to use innovations like digital technology to expand financial inclusion in the country, according to the Department of Finance (DoF).

In a statement on Monday, the Finance department quoted WB President David Malpass in a recent meeting held in Washington D.C. with Finance Secretary Carlos Dominguez 3rd, as saying the Philippines’ robust economy offers many opportunities for the government to “reguide” its digitalization efforts to empower Filipinos.