Multilateral development assistance
World Bank
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 ...
WB project to provide better sanitation and transportation in central VN
About 1.1 million residents of central coastal cities are expected to benefit from a World Bank project to provide better sanitation services and better transport infrastructure in the region, according to the bank. The funding for the Vietnam Coastal Cities Sustainable Environment Project, worth $236 ...
World Bank to loan $100 million to Myanmar financial development project
World Bank and government representatives recently signed an agreement for a US$100 million (K134.9 billion) World Bank loan to the Myanmar Financial Development Project in mid-April. The representatives signed the loan for SDR71.700 million, which equals US$100 million, from the World Bank with low interest. Ulrich ...
Promoting industrial development
As Cambodia moves forward with its Industrial Development Policy, the government is seeking support from international organisations for smooth implementation. The Post’s Kali Kotoski sat down with Li Yong, director-general of the United Nations Industrial Development Organization, to discuss his findings and how the organisation ...
World Bank aid for poor
The World Bank has approved provision of $20 million to help poor and vulnerable families in Siem Reap and Phnom Penh increase their income, build skills and construct small-scale community infrastructure. The bank’s board of executive directors approved the funding for the Livelihood Enhancement and Association ...
Ministry reviews progress in health sector
Ministry of Health officials and personnel from around the country met on January 16 in Vientiane to review the Health Sector Governance and Nutrition Programme for 2015-2016 and discuss plans for the year ahead. Participants reported the progress of their health activities and shared future ...
Int'l community supports Vietnam’s climate change response
Vietnam is one of the countries worst hit by climate change. In 2016, the national climate change strategy has received strong support from the international community. The Global Climate Index indicates that Vietnam ranks 5th among countries most affected by natural disasters, which kill hundreds of ...
WB helps Laos to upgrade rural roads
The World Bank’s Board of Executive Directors is providing US$25 million credit for Laos to strengthen its road maintenance systems and improve road connectivity throughout the country. The credit comes from the International Development Association, according to a report published on the World Bank’s Board ...
Environmental and social monitoring receives World Bank support
The Ministry of Natural Resources and Environment and its development partners organised a review of the Second Lao Environment and Social Project in 2016 and planning meeting for next year’s works. The concerned departments at the ministry highlighted the key achievements of 13 sub-projects under ...
WB: Cambodians still vulnerable
While the World Bank commended Cambodia for its strong economic growth and efforts to reduce poverty over the past two decades, it, however, cautioned on December 14 that the agriculture and garment sectors posed challenges which could make that growth unsustainable. “An overview of the past two ...
