He told the TIMES after the press conference that the reason for the new funding is that the bank found the PRDP
as a 'better mechanism in uplifting the people in the rural areas.'
He said the project, which broke ground last July 17, is among the priority infrastructure initiatives in the province that were approved for implementation this year under the PRDP
To date, the PRDP
has total funding of $760 million.
Launched in 2013, PRDP
is the largest WB-funded project in the country.
Earlier in June this year, he said, the Agriculture department hosted the 8th World Bank Review Mission wherein a team of World Bank officials and economic experts together with some PRDP
executives conducted a thorough project implementation review to measure the performance of the sub-projects relative to the attainment of desired outcomes of the overall development objectives.
has been cited as one of the outstanding rural development programs ever implemented by WB anywhere in the world.
Targeting at least two million farmers and fisher-folk, the Philippine government developed PRDP
in 2014 to improve rural infrastructure and support small business and livelihood projects across the country.
is one of the most innovative projects of the Philippines.
Prem Ratan Dhan Payo ( PRDP
) is unlikely to stray from his usual family-trumps-all formula.
become Salman's biggest hit, busting the record the superstar set for himself with Bajrangi Bhaijaan on Eid?
The actor, who recently returned to India after shooting climax scenes for "Kick" in Poland, has started shooting for "PRDP
This amount is in addition to the USD 230 million that Kuwait has provided to the PRDP
World Bank-administered multi-donor trust fund since 2008.