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    • News

    Korea to Boost Labor Fund

    By Ma. Rizza Leonzon // 12 May 2009

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    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.

    • Funding
    Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).

    About the author

    • Ma. Rizza Leonzon

      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.

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