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 support of US$30 million for the Laos Southeast Asia Disaster Risk Management (DRM) Project and US$25 million of additional funding for the Mekong Integrated Water Resources Management (MIWRM) Project.