“THE PROJECTS MAY BE ‘GHOST,’ BUT THE DEBT IS REAL” WATCH: FINEX President EJ Qua Hiansen warns that the Philippines’ ₱10-trillion debt surge over the past decade could become a heavy burden if the government fails to fund real, value-creating projects. He cautions that while the country remains in good fiscal shape for now, “if these investments don’t pay back, we might not be able to pay that off” — reminding policymakers that borrowed money must still be repaid, with interest. #Business360 |
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Across the Pacific, big development challenges and complex projects require practical solutions. That’s why the World Bank is working side-by-side with governments to make procurement faster, smarter, and more effective. We provide real-time help to overcome bottlenecks so critical investments like seawalls, renewable energy, and resilient infrastructure are delivered on time. For Marshallese communities, this means earlier access to safer roads, stronger health systems, and more reliable energy
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