The Bureau of Fisheries and Aquatic Resources’ (BFAR) collaborative project with the World Bank (WB) worth P11.42 billion is ready for implementation in August this year. The seven-year Philippine Fisheries and Coastal Resiliency (FishCoRe) project, with a total funding of $209 million or P11.42 billion, was approved by the WB Board of Executive Directors recently. “We thank the World Bank and all our partner national government agencies for helping us prepare for the eventual implementation of the FishCoRe project,” BFAR National Director Demosthenes Escoto said in a statement.

Sausa, R. S. (2023, June 14). WB okays P11.42-B funding for BFAR's FishCoRe project. BusinessMirror, p. A5.