Korea to Boost Labor Fund

Korea will contribute USD15 billion in the next four years to a World Bank-administered trust fund designed to assist the developing world in generating employment opportunities. The latest contribution brings the fund's total resources to USD50 billion,

reported. The fund was launched by Germany, Austria and Norway last year.

About the author

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    Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.