Ireland pledges $38.9 mil. for poverty project

Published: 26/11/2008 05:00

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Update from: http://www.thanhniennews.com/politics/?catid=1&newsid=44089

Ireland has pledged to grant €30 million (US$38.9 million) to a Vietnamese government’s program to foster development in disadvantaged, ethnic minority-inhabited and mountainous areas in Vietnam.

Ireland’s Ambassador to Vietnam Maeve Collins and Deputy Finance Minister Pham Sy Danh signed an agreement regarding the nonrefundable aid in Hanoi Tuesday.

P135 has been implemented in two phases, the first lasting from 1999-2005 and the second until 2010. During phase one, P135 helped 736 communes across Vietnam out of poverty.

Source: VNA

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