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PH, WB, UK LAUNCH $1B AGRI MODERNIZATION PROGRAM

The Department of Agriculture (DA) unveiled the Philippine Sustainable Agriculture Transformation (PSAT) Program, backed by a $1-billion World Bank (WB) financing package, aiming to modernize the country’s agriculture, boost productivity, and strengthen food security. PSAT marks the Philippines’ first project under the World Bank’s Program-for-Results (PforR) model, which releases funds based on measurable outcomes rather […]