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The World Bank is looking to line up more than $3 billion in potential financing for the Philippines in the next fiscal year, with projects focused on social protection, skills development, government modernization and structural reforms.
Zafer Mustafaoğlu, the World Bank’s division director for the Philippines, says the lender is already preparing a pipeline of programs for its fiscal year 2027, which runs from July 1, 2026 to June 30, 2027.
“Yes, we always have a pipeline of programs,” Mustafaoğlu says.”For the next fiscal year … we have a pipeline that includes projects from the continuation of 4Ps (Pantawid Pamilyang Pilipino Program), projects on skills, projects on government modernization.”
The multilateral lender is also considering structural reform initiatives as well as projects that could help the government respond to the economic fallout from the Middle East conflict, particularly among vulnerable sectors.
