PM okays WB loan to reduce poverty in northern Vietnam

Published: 05/07/2009 05:00

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Prime Minister Nguyen Tan Dung has approved in principle a US$100- million loan from the World Bank to carry out the second stage of a poverty reduction project in Vietnam’s northern mountainous region.

The Ministry of Planning and Investment and related provinces will contribute $14.8 million to the project.

The People’s Committees of Lao Cai, Son La, Dien Bien, Hoa Binh and Yen Bai provinces will implement the program.

Its first stage, which began in 2002 with $110 million in WB loans, was carried out in Phu Tho, Lao Cai, Yen Bai, Son La, Hoa Binh and Bac Giang provinces. Nearly 70,000 local participants in the project benefited from new agricultural technology.

Source: Government website

Provide by Vietnam Travel

PM okays WB loan to reduce poverty in northern Vietnam - Politics - News |  vietnam travel company

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