In a statement yesterday, the World Bank said it has given approval to the $750 million Second Digital Transformation Policy Loan aimed at helping the government foster an enabling environment for the adoption of digital technology.
In particular, the loan will support government reforms to reduce barriers to entry and investment in the broadband sector by promoting competition and improving connectivity.
It will also support government agencies' utilization of digital technologies to improve efficiency and transparency.
This story is from the November 14, 2024 edition of The Philippine Star.
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This story is from the November 14, 2024 edition of The Philippine Star.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
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