The World Bank has flagged the delay in implementing the over one-year-old Philippine fisheries and coastal resiliency project (Fishcore), for which the Marcos administration had borrowed $176 million (over P9.9 billion). "Despite the progress made, the project is still falling behind the overall implementation schedule," the Washington-based multilateral lender said in a Sept. 7 implementation status and results report. The loan for this fisheries project was approved by the World Bank board in May of last year.

De Vera, B. A. (2024, September 11). WB concerned over delayed fisheries project. Manila Bulletin, p. B-4.