Ang Magiting - The Official Web Site of Rotary Club Makati North

World Bank in the Philippines

By: PP Dieter Brueckner
Sept. 2, 2009

The gracious guest speaker with her undeniable French accent was a typical Officer of a non Governmental organization like the World Bank. Rules and rules and more rules. And it that would not be enough, political implications play an important role in choosing the timing of the ‘financial support’ and programs for a country. Though necessary for the financing of large projects like petrochemicals, water irrigation, roads, etc., the common businessman is only a stand buyer. But we have to be aware of their functions and involvement in our country to measure their effectiveness. But as the saying goes, the one with the gold dictates the rules…