Jordan & Philippines

Jordan: Jordan is one of the countries that also moved from lower-middle-income to upper-middle-income status alongside the Philippines.

Philippines: The Philippines has been reclassified to an upper-middle-income economy by the World Bank Group, a significant milestone reflecting broad economic expansion and expected to strengthen its credit profile and attract higher-quality investments.

Jordan: Jordan was upgraded from lower-middle-income to upper-middle-income status.

Philippines: The Philippines was also upgraded to upper-middle-income status, reflecting its economic progress, and remains a borrower from the European Bank for Reconstruction and Development.

Jordan: The Norwegian Refugee Council relocated its headquarters to Amman, Jordan, due to restrictions in the Gaza Strip.

Philippines: The Philippines' central bank has raised interest rates in response to the Iran war, reflecting global efforts to combat inflation stemming from the conflict.

Philippines: The Philippine Embassy in Israel confirmed the death of a Filipino national in a missile attack in Tel Aviv.

Philippines: The Philippines is one of the countries whose seafarers are trapped in the Strait of Hormuz warzone, facing potential shortages of food and water.