The Philippines ranked as the World Bank Group’s fifth-largest developing-country borrower in fiscal year (FY) 2025, securing $2.855 billion in loans.
This placed the country seventh overall, including the poorest nations, with only Brazil, Türkiye, Argentina, Ukraine, Nigeria, and Bangladesh borrowing more.
The Philippines also held the fifth spot among International Bank for Reconstruction and Development (IBRD) clients, the World Bank’s lending arm for developing countries.
The lender plans to provide the Philippines up to $23 billion from mid-2025 to mid-2031 under a new six-year partnership framework.
As the country moves toward upper-middle-income status, it is expected to lose access to concessional loans with preferential interest rates from multilateral and bilateral lenders.
Source: PhilNews24 | October 11, 2025
