PM okays draft program on poverty reduction
VNGOP – Upon the proposal of the State Bank of Vietnam, the PM approved in principle on May 16 the actions posed in the draft program on poverty reduction support credit 6 (PRSC6), which is the foundation for negotiations to take loans and realize the PRSC6. The PM entrusted the relevant ministries and sectors, within their competence, to discuss all issues arising during the negotiations.
The PM also allowed the negotiations with the World Bank concerning the draft agreement on aid and other related legal documents under the Program PRSC6.
The PM authorized Deputy Governor of the State Bank of Vietnam Phùng Khắc Kế, who is also the Permanent Deputy Head of the Steering Board for the Implementation of PRSC Programs, to represent the
The State Bank of Vietnam, as Vietnam's major negotiator, will collaborate with the relevant agencies in preparing all necessary conditions for the negotiations and making reports to the Government after the negotiations./.
By Hoàng Phương
