The World Bank has approved a $500-million credit line to prepare the Philippines, particularly its schools and health facilities, for disasters and climate threats. The funds can be disbursed during times of natural disasters or health crises.
The World Bank has approved a $500-million credit line to prepare the Philippines for disasters and climate threats. The funds will be available for three years and can be disbursed during times of natural disasters or health crises .
The drawdown period may be renewed up to four times.
World Bank Philippines Credit Line Disaster Preparedness Natural Disasters Health Crises
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