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cus”, keeping it prudent while the liquidity should be at a reasonably adequate level, it said.
Financial policies are required to further support small and private companies, and fun
ding through the capital market is supported by the authorities, according to the statement.
The central bank had skipped open market operations for 15 conse
cutive working days until Monday. “Reasonable and adequate liquidity in the banking syste
m” was the main reason for the absence of open market operations, according to a statement from the central bank.
To cut or not to cut the RRR, a strong tool for liquidity adjustm
ent, has become a hot topic since April, not only for investors, but also for policy advisers.
Divergent opinions are spreading among a broader group of market observer
s. The market is trying to get more indications from the monetary authority, although the C
hinese central bank barely sends any hints on possible monetary policy operations before taking action.
ieties introduced to the Philippines through the Green Super Rice project are capable of thriving in harsh environments and maintaining steady yields.
“After Typhoon Haiyan swept through Leyte Island in the central Phi
lippines in November 2013, we found that the Green Super Rice variety was one of the few that w
as still growing when submerged in saline water,” he said. “Local farmers were elated and regained hope.”
In West Africa, six Green Super Rice varieties with high-yield potential and strong tolerance to drought, salinity and iron to
xicity have been developed, and about 14.5 metric tons of such seeds were distributed to local rice breeders, ac
cording to Baboucarr Manneh, a researcher with the African Rice Center in Cote d’Ivoire.
“Moreover, about 500 scientists, technicians and farmers hav
e been trained in fields such as breeding, seed production and crop management th
rough the project. The training helps increase their capability and achieve sustainable growth in the future,” he said.