MULTIMEDIA

• The Philippines Economic Update provides the latest World Bank economic outlook for the country. It analyzes the impact of COVID-19 on the economy and discusses short- and medium-term policy actions for speeding up recovery. The report also provides analysis and recommendations on enhancing decentralization and service delivery in view of the implementation of the Mandanas Ruling in 2022.

  Catch the presentation of the key report findings by the report authors and join the discussion with local governance champions on Facebook Live @WorldBankPhilippines, June 10, 10am.

• 10:00 - 10:05 AM	Opening Remarks Ndiamé Diop Country Director for Brunei, Malaysia, Philippines and Thailand World Bank
  10:05 - 10:15 AM	Keynote Address Hon. Merceditas Sombilla Undersecretary, Regional Development Group National Economic and Development Authority
  10:15 - 10:45 AM	Presentation Philippines Economic Update June 2021: Recent Developments and Outlook Kevin Chua Senior Economist, Macroeconomics, Trade, and Investment Global Practice World Bank Understanding the Fiscal Impact of the Mandanas Ruling Kevin Cruz Economist, Macroeconomics, Trade, and Investment Global Practice World Bank
  10:45 - 11:30 AM	Panel Discussion Strengthening Decentralization through National and Subnational Coordination Hon. Jose Ma. Clemente Salceda House Representative 2nd District of Albay Hon. Cynthia Falcotelo-Fortes Mayor of Barcelona, Sorsogon and Secretary General, League of Municipalities of the Philippines Anna Liza Bonagua Director for Local Government Development Department of the Interior and Local Government Francisco Magno Senior Fellow and Founding Director Jesse M. Robredo Institute of Governance Madhu Raghunath (Moderator) Sector Leader for Sustainable Development for Brunei, Malaysia, Philippines and Thailand World Bank
  11:30 - 11:55 AM	Open Forum
  11:55 AM - 12:00 PM	Closing Remarks Lars Moller Practice Manager, Macroeconomics, Trade and Investments World Bank

• Ndiamé Diop

  Country Director for Brunei, Malaysia, Philippines and Thailand

  World Bank

  Hon. Merceditas Sombilla

  Undersecretary, Regional Development Group

  National Economic and Development Authority

  Kevin C. Chua

  Senior Economist and Lead Author of the Philippines Economic Update June 2021

  World Bank

  Kevin Thomas Cruz

  Economist and Co-Author of the Philippines Economic Update June 2021

  World Bank

  Hon. Jose Maria Clemente Salceda

  House Representative

  2nd District of Albay

  Hon. Cynthia Falcotelo-Fortes

  Mayor of Barcelona, Sorsogon and

  President, League of Municipalities of the Philippines

  Anna Liza Bonugua

  Director, Local Government Development

  Department of the Interior and Local Government

  Francisco Magno

  Senior Fellow and Founding Director

  Jesse M. Robredo Institute of Governance

  MODERATOR: Madhu Raghunath

  Sector Leader for Sustainable Development

  World Bank

  Lars Moller

  Practice Manager for Macroeconomics, Trade and Investments

  World Bank