The Philippines was the World Bank Group ’s (WBG) fifth-largest developing-country borrower during the Washington-based multilateral lender’s fiscal year (FY) 2025.
Including the world’s poorest countries, the Philippines’ borrowings from the WBG during the FY covering the period July 1, 2024, to June 30, 2025, was the seventh-highest overall, amounting to $2.855 billion, according to the lender’s FY 2025 annual report published on
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