{
    "success": true,
    "data": {
        "id": 1247831,
        "msgid": "adb-wb-sign-accord-1447893297",
        "date": "2002-01-23 00:00:00",
        "title": "ADB, WB sign accord",
        "author": null,
        "source": "AFP",
        "tags": null,
        "topic": null,
        "summary": "ADB, WB sign accord The Asian Development Bank and the World Bank have agreed to improve cooperation in providing assistance to the Asia-Pacific region, the ADB said Tuesday. The memorandum of understanding will set up a framework for closer coordination and an improved division of labor between the two multilateral institutions including closer consultation on country assistance strategies, an ADB statement said.",
        "content": "<p>ADB, WB sign accord<\/p>\n<p>The Asian Development Bank and the World Bank have agreed to<br>\nimprove cooperation in providing assistance to the Asia-Pacific<br>\nregion, the ADB said Tuesday.<\/p>\n<p>The memorandum of understanding will set up a framework for<br>\ncloser coordination and an improved division of labor between the<br>\ntwo multilateral institutions including closer consultation on<br>\ncountry assistance strategies, an ADB statement said.<\/p>\n<p>It would also eliminate duplication of efforts, harmonize<br>\noperational procedures and improve effectiveness, the<br>\nPhilippines-based ADB said.<\/p>\n<p>Part of this accord includes the implementation of a joint<br>\n\"Protocol on Collaboration among Multilateral Development<br>\nBanks\/IMF (International Monetary Fund)\" for preparing poverty<br>\nreduction strategies, the ADB added without elaborating on the<br>\nrole of the IMF.<\/p>\n<p>The signing of the memorandum is \"a starting point for the two<br>\ninstitutions to work towards deeper collaboration, improved<br>\ncoordination and less duplication in serving their Developing<br>\nMember Countries,\" the ADB said. -- AFP<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/adb-wb-sign-accord-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}