Society

Central bank works to swiftly allocate relief fund

(Xinhua)
Updated: 2010-04-17 02:19
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BEIJING - The People's Bank of China, the central bank, said Friday it had set up special mechanisms to make sure relief funds could be promptly allocated from the State Treasury.

By 6 pm Thursday, the State Treasury Bureau had allocated a total of 260 million yuan ($38 million) for the relief, and its branches in the quake-hit Qinghai Province had allocated 612 million yuan.