The World Bank Board of Directors today approved a $70 million credit to improve the quality of life of around one million people living in Northern, North Central, Eastern and Uva Provinces in Sri Lanka. The new local development project will put local communities at the center of planning and delivery of essential services such as roads, healthcare and sanitation through closer collaboration with local government authorities.
The expected inclusion of Chinese bonds in the Bloomberg Barclays Global Aggregate Bond Index next month is an "important milestone" in China's financial integration into the world economy, an International Monetary Fund (IMF) official said Wednesday.
"That step both reflects the importance of those bonds in foreign portfolios and likely will encourage more purchases of those securities going forward," said Changyong Rhee, IMF's director of the Asia and Pacific department, at a book forum held in Washington D.C.
COTABATO CITY – The European Union (EU) is set to train Moro Islamic Liberation Front (MILF) officials working in the Bangsamoro Transition Authority (BTA) of the just-created Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) to make them effective administrators.
Initially, 41 middle executives from the MILF will be trained on public policy, governance and management by the Centre for Peace and Conflict Studies (CPCS), and the Bangsamoro Leadership and Management Institute (BLMI) “starting this summer,” an EU statement furnished Friday to the Manila Bulletin said.
South and North Korea have exchanged reports related to a rail project that aims to link the peninsula, South Korea’s Unification Ministry said on February 27, 2019. Officials from the two countries met Monday at the inter-Korean liaison office in the border city of Kaesong to exchange the reports.