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29.10.2018 06:19
"It is symbolic to Antworten

MANILA, Feb. 7 (Xinhua) -- The Philippines' gross international reserves (GIR) climbed to 81.04 billion U.S. dollars as of January, the central bank said Tuesday.

Bangko Sentral ng Pilipinas (BSP) Officer-in-Charge Nestor A. Espenilla said the January preliminary level was higher by 0.35 billion dollars than the December 2016 GIR.

He attributed the increase to inflows arising from net foreign currency deposits by the national government, revaluation adjustments on the BSP's gold holdings resulting from the increase in the gold price in the international market, and its income from investments abroad.

The GIR level as of January can cover 9.2 months' worth of imports of goods and payments of services and primary income, Espenilla said.

It is also equivalent to 5.8 times the country's short-term external debt based on original maturity and 4.1 times based on residual maturity, he added.

KIGALI, June 9 (Xinhua) -- Belgian Foreign Minister Didier Reynders arrived in Rwanda on Wednesday for a two-day visit to strengthen bilateral friendship and cooperation with the small central African country.

Reynders, accompanied by members of his delegation on Thursday, held a bilateral meeting with Rwandan Foreign Minister Louise Mushikiwabo.

He arrived in Rwanda after a two-day visit in the neighbouring Tanzania.

Speaking to reporters shortly after meeting Mushikiwabo, the Belgian minister said that Rwanda and Belgium enjoy cordial bilateral relations and the visit was a great moment for the two nations.

"It is symbolic to look together to the past, and then look forward to forge a stronger partnership as two countries that have a lot in common. It is essential that both countries deepen their understandings of each other's narrative," he added.

Strengthening ties with Rwanda was at the front of the visit that Belgium is opening up in deepening its political and economic ties with the post genocide country.

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