Aid and development
Multilateral development assistance
FMs welcome move to marry ASEAN vision with UN agenda
ASEAN Foreign Ministers (FMs) have welcomed the initiative to combine ASEAN Community Vision 2025 with the UN’s 2030 Agenda for Sustainable Development, saying this should be accorded top priority.Keep reading ...
Benefits flow as nation, World Bank join hands on water management
The World Bank has approved more than 207.2 billion kip (US$25 million) of additional financing for the Mekong Integrated Water Resource Management Project (MIWRM) in Laos. This additional support will continue to improve the country’s national water resource management systems. The Ministry of Finance and the ...
Asia growth outlook brightens on strong exports - ADB
The Asian Development Bank raised its 2017 and 2018 growth forecasts for the region, reflecting rising exports as manufacturers of smartphones to cars to other consumer goods benefited from improving global demand. Developing Asia – made up of 45 countries in the Asia-Pacific region – is ...
The financial system killing environmental activists
A Global Witness report reveals 2016 as the deadliest year yet for environmental defenders. International investors are accused of bankrolling the projects that hundreds of people have been killed protesting. The action many of us take in daily lives to protect the planet might involve the ...
World Bank supports disaster risk management in Laos
The World Bank will provide US$30 million to Laos as part of its continuing support for disaster risk management projects that will enable the Asian nation to lessen the impact of natural disasters. The World Bank’s Board of Executive Directors in Washington recently approved financing ...
World Bank committing over US$2b to support three Asean nations
The World Bank is currently supporting 43 active projects in Laos, Myanmar and Cambodia, with commitments of over US$2.7 billion as of June, according to a recent report. Of the total figure, 18 projects are in Laos with the total commitment of US$437 million, while ...
World Bank Appoints New Director for Region
The World Bank has appointed a new director for Cambodia, Burma and Laos, it said in a media statement on Tuesday. Ellen Goldstein, a 30-year veteran at the bank and previously the director for the West Balkans and earlier for Bangladesh and Nepal, will be ...
ADB reviews public communications policy
The governments and private stakeholders of Laos, Thailand and Cambodia have now jointly consulted through videoconference, proposals for the Asian Development Bank’s most recent public communications policy review.The Asian Development Bank held the meeting on June 8 welcoming stakeholders including government and private sector counterparts, executing ...
Laos, WB sign up to green growth transition
Ministry of Finance and the World Bank on June 7 signed an agreement for more than 316 billion kip (US$38.6) million in credit to support key policy reforms to maintain the country’s strong economic growth. The agreement expects to benefit more people, especially the poor ...
Laos-World Bank launch next 5-year partnership framework
The World Bank Office in Vientiane on May 24 presented the bank’s Partnership Framework for Laos 2017-2021 to stakeholders, together with the findings of the Systematic Country Diagnostic and the launch of the annual publication entitled Lao Economic Monitor. The new partnership framework between Laos and ...
