UNDP continues remarkable impact on Philippines
UNDP has had a remarkable impact on helping the Philippines regain its growth prospects. The Philippine’s was hit by one of the strongest Hurricanes in history and suffered both structural and human destruction. Typhoon Haiyan killed in excess of six thousand two hundred individuals of the Philippines. Roads, buildings, dwellings and civic centers were devastated.
The UN Development Program has been on the ground since the hurricane smashed ashore on November eighth, Twenty Thirteen.
“Higher imports to meet reconstruction needs are expected to narrow the current account surplus to three and a quarter percent of GDP. Thereafter, and considering the reforms undertaken so far, GDP growth is projected to converge to six percent, with inflation remaining within the new lower three percent target band.”, says the International Monetary Fund’s statement on the Philippines.
“In a video blog, Kyte describes the recovery in Tacloban and the need to build resilience to all development planning. We can’t eradicate poverty unless we find a way to manage climate change”, said Rachel Kyte, the World Bank Group’s vice president and Special Envoy for Climate Change.
The United Nations Development Program has been instrumental in helping to repair and rebuild thousands of kilometers of roads in the Philippines. Almost all of the schools and hospitals damag
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