The Philippines has accepted the chairmanship of the Asia-Pacific Economic Cooperation (APEC)’s technical working group (TWG) in charge of crafting financial protection strategies that will strengthen the resilience and quick-response measures of governments to disasters.
Read MoreFinance Ministers from the Asia-Pacific Economic Cooperation-member countries held the 19th Finance Ministers Meeting at the Moscow, Russia last week. The key agenda in the meeting focused on advancing policies to make the financial sector more balanced and inclusive in the Asia-Pacific region, particularly in public finance governance to mitigate immediate global and regional challenges.The results of the meeting will be reviewed next week during the APEC Economic Leader’s Meeting on September 8-9 in Vladivostok, Russia where President Benigno Aquino III and Finance Secretary Cesar Purisima will also be attending.
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