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Nepal's commitment to democracy is an example to countries around the world: US State Dept

Describing Nepal democracy as an example to countries around the world, the US Department of State on Tuesday congratulated the people of Nepal on a successfu ....

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Cooperation for sustainable, inclusive growth stressed at APEC CEO Summit

BANGKOK, Nov. 18 (Xinhua) The Asia-Pacific Economic Cooperation (APEC) CEO Summit concluded here on Friday, highlighting close cooperation to promote sustain ....

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Xi talks with British PM over phone

&copy; Provided by Xinhua BEIJING, March 25 (Xinhua) Chinese President Xi Jinping on Friday afternoon held a phone conversation with British Prime Minist ....

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Sara seeks stronger autonomy to boost crisis response

Davao City Mayor Inday Sara Duterte. (Davao CIO file photo) DAVAO CITY - Mayor Inday Sara Duterte is pushing for stronger local autonomy to boost the potential of local government units in responding to a crisis. In her recent talk during the 2021 Regional Planning of the League of Municipalities of the Philippines (LMP) at the SMX Convention Center, Lanang, Davao City, Mayor Sara said that a stronger local autonomy is a viable tool to harness the potential of the local government units in addressing situations such as the coronavirus pandemic. "I have personally seen the value and the benefits of strengthening local autonomy, especially now at the age of Covid-19. Our local government units need the financial stability and operational capacity to sufficiently respond to crisis without sacrificing funding for priority programs and projects. I joined the League of Municipalities of the Philippines in the call to push for income reclassification of municipalities," she said. As ....

Davao City , Surigao Del Sur , The Philippines , Inday Sara Duterte , Convention Center , Regional Planning Of The League , National Tax Allotment , Mayor Sara , Mandanas Ruling , Davao City Mayor Inday Sara Duterte Cio File Photo Is Pushing For Stronger Local Autonomy To Boost The Potential Of Government Units In Responding Toa Crisis Her Recent Talk During 2021 Regional Planning League Municipalities Philippines Lmp At Smx Convention Center , Davao City , Ayor Sara Said Thata Stronger Local Autonomy Isa Viable Tool To Harness The Potential Of Government Units In Addressing Situations Such As Coronavirus Pandemic Quoti Have Personally Seen Value And Benefits Strengthening , Specially Now At The Age Of Covid 19 Our Local Government Units Need Financial Stability And Operational Capacity To Sufficiently Respond Crisis Without Sacrificing Funding For Priority Programs Projectsi Joined League Municipalities Philippines In Call Push Income Reclassification , Uot She Said As To The Implementation Of Mandanas Ruling That Increases Share National Government Tax Revenue Transferred Local Governments , Ayor Sara Said The Government Must Make Sure That Implementation Should Be Equitable No Municipality , Egardless Of Classification Is Excluded From National Government Assistance The Country Will Start Implementing Mandanas Ruling In 2022 She Added That Implementation Should Be Rationalized To Take Into Consideration Absorptive Capacity Municipalities Adopt Devolved Functions And Personnel Quot Increase Tax Allotment Nta Can Only Truly Effect Meaningful Change Our Local Units If Regulations On Utilization 20 Percent Development Plan Are Liberalized , O As Not To Be Prohibitive Priority Programs And Projects That Will Have The Maximum Impact On Welfare Of Our People Empowerment Local Government Units , Nd Especially Financially Challenged Municipalities Can Only Bode Well For Our Country , Uot She Said According To Mayor Sara , O Municipality Should Be Left Behind As One 39s Success Replicated To 1 , 400 Municipalities Across The Archipelago Will Usher In An Age Of Economic Prosperity That Is Equitable , Send Inclusive , Esulting In The Upliftment Of Our Nation Asa Whole Quot We Should Leave No Municipality Behind National Agenda For Peace And Progress Today , His Gathering Tells Us That Local Government Units Are Coming Together Crossing Political Lines To Pursuea Common Purpose , O Builda Stronger Nation , O That The Filipino People May Enjoy Stability ,

Diokno cites gov't-private sector tie-up for sustainability bid

BSP Governor Benjamin Diokno MANILA - Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno has highlighted the importance of government and private sector coordination to achieve sustainability agenda goals. In his speech during the Stratbase ADR Institute for Strategic and International Studies (ADR) Pilipinas Conference 2021 on Wednesday, Diokno said sustainability has attracted a global audience for discussions, with the recent one at the COP26 summit in Glasgow, Scotland. "BSP milestones and initiatives in promoting sustainability agenda will become more meaningful and produce tangible results if all these are done in partnership with supervised financial institutions, other government agencies, and key stakeholders," he said. Diokno said the central bank is leading the push for sustainable finance in the country and actively joins international discussions and initiatives on this. He said the BSP is firm on ensuring the integration of sustainability principles in t ....

Glasgow City , United Kingdom , Benjamin Diokno , Bangko Sentral , International Studies , Financial Sector Forum , Sustainable Central Banking Program , Institute For Strategic , Governor Benjamin Diokno , Pilipinas Conference , Sustainable Finance Framework , Social Risk Management Framework , Agri Agra Law , Bsp Governor Benjamin Diokno Manila Bangko Sentral Ng Pilipinas Has Highlighted The Importance Of Government And Private Sector Coordination To Achieve Sustainability Agenda Goals In His Speech During Stratbase Adr Institute For Strategic International Studies Conference 2021 On Wednesday , Iokno Said Sustainability Has Attracteda Global Audience For Discussions , Ith The Recent One At Cop26 Summit In Glasgow , Cotland Quot Bsp Milestones And Initiatives In Promoting Sustainability Agenda Will Become More Meaningful Produce Tangible Results If All These Are Done Partnership With Supervised Financial Institutions , Other Government Agencies , Nd Key Stakeholders , Uot He Said Diokno The Central Bank Is Leading Push For Sustainable Finance In Country And Actively Joins International Discussions Initiatives On This Bsp Firm Ensuring Integration Of Sustainability Principles Operations Its Regulated Institutions Thus , Ontributing To The Establishment Of Common Standards And Harmonizing Regulatory Expectations As Part Inter Agency Financial Sector Forum Fsf Also , He Central Bank Launched In 2019 The Sustainable Banking Program , Hich Exemplifies The Bsp 39s Role As Enabler , Nd Doer Of Leading Sustainability In The Financial System Diokno Said Sustainable Central Banking Program Is Being Implemented Line With Bsp 39s Two Pronged Approach Namely Capacity Building And Awareness Initiatives Mainstreaming Finance Through Issuance Related Regulations He Has Already Issued Framework April 2020 , Nd The Environment And Social Risk Management Framework Issued Last October Incentives Are Also Being Considered To Encourage Banks Further Support Sustainability Agenda , E Added Diokno Said Monetary Authorities Are Proposing The Recognition Of Sustainable Finance As Among Allowed Forms Compliance To Required Credit Agriculture Sector Quot We Hope Achieve Two Things With Passage Bills Amending Agri Agra Law First Mainstreaming And Second ,