IFC Contributes to WB-administered Output Based Grant for Water Services to Manila’s Poor Communities
Washington, D.C., October 19, 2007—The International Finance Corporation (IFC), a member of the World Bank Group, is contributing to a new Manila Water Company (MWC) Inc. project through the Global Partnership on Output Based Aid, a multidonor trust fund administered by the World Bank.
In 2007, the Global Partnership on Output-Based Aid (GPOBA) facility, a multi-donor trust fund administered by the World Bank provided Manila Water a grant of $2.8 million to expand its “Tubig Para sa Barangay” (TPSB) or Water for the Poor program in 45 urban poor communities.
News Release No 2012/02
Roger Morier, tel. (+1) 202 473 5675
David Llorito, tel. (+632) 917 3047
Manila, August 23, 2016 - More than 40,000* poor families without electricity in remote areas of the country will soon have access to
The Philippines has introduced an output-based aid (OBA) subsidy scheme to improve electricity supply on remote islands as a way to enhance living standards in the poor communities there.