PHL first to sign WB's rapid response option agreement | Rei

THE Philippines, which ranks the third most disaster-prone country in the world, can now immediately liquidate funds to address emergency needs when a crisis occurs. In a social media post on Sunday, the Department of Finance (DOF) said Finance Secretary Ralph G. Recto signed the Rapid Response Option (RRO) with…

Related Keywords

Philippines , World Bank , District Of Columbia , United States , Washington , Anna Bjerde , Ajay Banga , International Monetary Fund , Department Of Finance , Country Partnership Framework , Wb International Bank , World Bank Group , Finance Secretary Ralph , Rapid Response Option , Director Anna Bjerde , World Bank Group International Monetary Fund , Spring Meetings , Crisis Preparedness , Response Toolkit , President Ajay Banga ,