| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 600.00 |
Philippines First Digital Transformation Development Policy Financing
Abstract*
The development objective of the First Digital Transformation Development Policy Financing for Philippines is to support government reforms to foster an enabling environment for greater digital technology adoption by: (a) improving digital transformation of government and digital infrastructure policies, (b) expanding financial inclusion through digital finance, and (c) boosting business growth in digital services. The development policy loans (DPL)... Show More
Development Objective
The program development objective (PDO) of this programmatic operation is to support Government reforms to foster an enabling environment for greater digital technology adoption by (a) improving digital transformation of government and digital infrastructure policies, (b) expanding financial inclusion through digital finance and (c) boosting business growth in digital services.
Key Details
Project Details
P179361
Closed
Smita Kuriakose , Davit Melikyan, Uzma Khalil
Republic of Philippines
March 24, 2023
(as of board presentation)
September 29, 2023
January 24, 2024
US$ 0.00 million
National Economic and Development Authority (NEDA),Land Registration Authority (LRA),Bureau of the Treasury (BTr),Bangko Sentral ng Pilipinas (BSP),Department of Information and Communications Technology (DICT),Department of Science and Technology,Department of Budget and Management (DBM),Department of Trade and Industry (DTI),Intellectual Property Office of the Philippines (IPOPHL),Philippine Competition Commission (PCC),Civil Aeronautics Board (CAB),Commission on Higher Education (CHED),Department of Finance (DoF),Technical Education and Skills Development Authority (TESDA)
2024
US$ 600.00 million
N/A
December 24, 2023
December 31, 2024
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 600.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 600.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | N/A |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jan 30, 2024 | IBRD-95920 | Loan Disb | 598,499,970.00 |
| Jan 24, 2024 | IBRD-95920 | Fee Charges | 1,500,000.00 |
| Jan 24, 2024 | IBRD-95920 | Loan Disb | 1,500,000.00 |
| Sep 29, 2023 | IBRD-95920 | Loan Commitment | 600,000,000.00 |
Results Framework
No data available.