InTouch 1 (1)

-.-.u i~~~~- l - b ____________ _ - ' - k _ ; _ A Newsletter of the World Bank Resident Mission in the Philppines .WB SUPPORTS BALANCED :g--.a PRO,-POR GROWTRrH - Bhargava : heRp ' Philippine. -Goveirnment support for the -vastly improved = ~ - -: New ResRp and its in'te,rnat.ionai,donors m'acroeconomiic-.-'environment -- lmPbIIipPmes agreed on theneedto istri he, ,hich has been marked by gains of growth more equitably broad-based-strucural reforms in minay K. Bhargava, an Indian across the various'segments of Phil- major 'areas'of the economy. national, takes his official ippine society, pa,rticularly.among- Gro6wth has accele,rated to about post as the Resident Representative the poor, Mr. Callisto Madavo,', 6%; exports;have'increased.by 30%, of the Resident Mission in the Philip- World Bank Director for - East and foreign private investments pines (RMP) this January. Asia and thed Pacific Countrr doubled. dank has been extensive, spanning - -' - - - several sectors and many countries ;.- . in Europe, Middle East and West- ,E em Africa Regions. He joined the _ Bank in 1975 as a credit specialist and worked on agriculture and ru- Z- ral development projects in Yugosla- via, Turkey, Romania, and Afghani- stan. He later moved to the Western m kQ Africa Department covering Ghana, U : Nigeria, Sierra Leone, and Liberia as Qr8bahpava, page 5 - 013 WB Director & Chairperson of the Consultaiive Group Meeting, Callisto E. Madavo 0itth Philippine Gorernment officials (from Jefi to right), CCPAP's Francisco del Rosario, Jr., Congressman Renato-Diaz, and..Secretary of Finance' Roberto de Ocampo. p ' ~ _C,CJ