10 months PH to join ASEAN disaster risk insurance facility MB |Biz
By Chino S. Leyco The Department of Finance (DOF) said that the Philippines will sign the disaster risk insurance facility in May that aims to build the financial resilience of countries in the Association of Southeast Asian Nations (ASEAN) against climate and disaster risks. Finance Secretary Carlos G. Dominguez III (Bloomberg photo) In a statement, Finance Secretary Carlos G. Dominguez III said yesterday that the Philippines is set to join this month five other members of the ASEAN along with Japan in operating a disaster risk insurance facility. Dominguez III assured Japan Deputy Prime Minister and Finance Minister Taro Aso ... more